Aareal Nordic Fund, managed by a 100% subsidiary of Aareal Asset Management, has acquired its fifth property in Finland, bringing its portfolio in the country close to the EUR 100 mln mark. The 10,000 m[sup]2[/sup] office building is leased to Shell Oil and serves as their headquarters in Finland.
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.
