French private investment firm Ardian has finalised the acquisition of a Milan-based office building from a real estate fund managed by Banca Finnat’s InvestiRE Sgr through a co-investment vehicle with Primonial REIM France.
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.
