Aberdeen Property Investors's European Balanced Property Fund has made its first French purchase acquiring the landmark Haussmann-style, mixed-use building from AGF Iart in central Paris. The value of the transaction was not disclosed.
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.
