Africa Israel's European division has agreed to purchase 70% of four German companies with assets valued at EUR 97 mln. The companies' portfolio comprises 35 real estate assets for residential and commercial use in Berlin and in the Dusseldorf region. The total annual rent comes to EUR 7.8 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.
