Africa Israel plans to build a mixed-used complex with 150,000 m[sup]2[/sup] of floor space in the Ukrainian city of Zafrojia - the first project by Israeli billionaire Lev Leviev's conglomerate in the country. The complex will comprise luxury residences, a shopping mall and offices built on 46,000 m[sup]2[/sup] of land purchased by Africa Israel for $22 mln (EUR 16.4 mln).
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.
