Imfarr, the Austrian private family office of Nemat Farrokhnia, has filed for insolvency at the Vienna Commercial Court, revealing some €604 mln of liabilities.
Imfarr, the Austrian private family office of Nemat Farrokhnia, has filed for insolvency at the Vienna Commercial Court, revealing some €604 mln of liabilities.
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.