The Abu Dhabi sovereign wealth fund ADIA is reportedly in advanced negotiations to acquire a portfolio of seven hotels in Magaluf, on the Balearic Island of Mallorca.
The Abu Dhabi sovereign wealth fund ADIA is reportedly in advanced negotiations to acquire a portfolio of seven hotels in Magaluf, on the Balearic Island of Mallorca.
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.