Construction work has begun on the Seine Ouest project, a new business district to be developed in Issy-les-Moulineaux in the western outskirts of the French capital. Launched by a partnership between French developer Bouygues Immobilier, the Paris and Issy-les-Moulineaux's city authorities, the office scheme will comprise 160,000 m[sup]2[/sup] of lettable area, Bouygues said in a press release.
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.
