Axa Reim is acquiring two logistic centres in France on behalf of its European Logistics Income Venture fund for EUR 55 mln. The assets, developed by Panhard Developpement, provide some 70,000 m[sup]2[/sup] of logistics space. They are located in Chelles and Brie-Comte-Robert in the northern French region of Seine-et-Marne, French newspaper Business Immo reported.
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.
