Italian lender Banco BPM has concluded a structured finance agreement worth a total of €495 mln with Italian developer Gruppo Statuto, together with the support of the GWM Group and ARECneprix, the illimity Group’s asset management and structuring company.
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.
