Despite on going financial concern across the euro zone region, Italian real estate investment has the potential to be a platform for growth in the medium term, according to Jones Lang LaSalle research.
European listed real estate ended April 2.6% higher, with the strong performance being driven by UK stocks.
A privatised pension fund for Italian doctors and dentists has purchased Milan's most famous department store in the Piazza del Duomo.
While Europe's reliance on Libya for oil production is well documented, the stake the cash-rich government holds in many key property markets, particularly that of Britain, is also surprisingly large.
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