British Land has been awarded the contract for one of the largest regeneration projects in London, the revamp of the Euston station in the north of the city. The redevelopment is valued at some £1 bn (EUR 1.4 bn) and will involve a 15-acre site around the station. The masterplan is part of an upgrade of London's railway stations by the company running the UK's train infrastructure, the Financial Times 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.
