European logistics real estate specialist Verdion has announced initial closings totalling €75 mln for its second value-add fund, Verdion European Logistics Fund 2, sourced exclusively from investors in the first vehicle of the VELF fund series.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
