Global alternative investment manager CarVal Investors has announced the purchase of Prospect First, a 180,000 sq-ft (16,700 m2) vacant headquarters building in Croydon, UK from Strategic Partners UK III, a fund advised by CBRE Global Investors. Financial details were not disclosed.
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.
