Around £41 bn (€46 bn) of international investor dry powder is currently targeting both central London offices and retail assets this year in a ‘triple-tiered’ buyer landscape, new research from advisor BNP Paribas Real Estate reveals.
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.
