Commercial property investment volumes in Central and Eastern Europe (CEE) amounted to EUR 900 mln during the first quarter of 2012 - the lowest volume seen since Q3 2009 - according to the latest data from CBRE.
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.
