Spanish private equity firm Altamar Capital Partners is teaming up with US-based investor KKR and local developer Single Home to invest up to €450 mln in the development of a luxury resort in Casares near Malaga, on the Spanish Costa del Sol region.
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.
