Principal Real Estate, the dedicated real estate investment team of Principal Asset Management, has partnered with GWM’s Italian Real Estate Special Situations (IRESS) II fund, through the acquisition of a stake in the Rome Cavour Hotel complex on behalf of a Separate Account Mandate. The complex, situated in the centre of the city, is attractively located close to iconic tourist attractions, including the Forum and the Colosseum, which are within 500m of the property.