In Italy, real estate funds have attracted €1.4bn during the first semester of 2012, a 4.2% increase compared to the previous semester, according to data published by Italian asset management association Assogestioni.
Research on 185 funds in the country found that real estate assets reached €26bn at the end of June. About 90% assets were allocated to property and only 10% to property rights………………………………………..Full Article: Source