The commercial real estate finance department of insurance group Aviva has provided a £145 mln loan for the £283 mln acquisition by Kirsh Group, owned by South African property magnate Nathan Kirsh, of Tower 42 in the City of London.
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.
