French listed commercial property company Carmila has finalized the purchase of a 7% stake in French shopping centre operator Galimmo for €27 mln, or €11.93 per share.
French listed commercial property company Carmila has finalized the purchase of a 7% stake in French shopping centre operator Galimmo for €27 mln, or €11.93 per share.
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.