German construction company Bilfinger Berger said it has won a contract to design, build and operate a justice and civic centre in Wiesbaden, Germany. The project, worth EUR 80 mln, will be financed by Hessische Landesbank, with the bank's subsidiary OSB acting as project developer. The management contract runs for 30 years.
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.
