Spanish real estate company Astroc Mediterraneo has announced the sale of several assets of its Landscape Promocions Immobiliaries property arm to General Electric RE Iberia for close to EUR 650 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.
