Property group Challenger Diversified has invested EUR 55.5 mln in the purchase of six industrial and retail properties in France. The properties include five distribution centres and a retail warehouse around Paris and in southern France. The deal will be funded using existing debt facilities, the company said.
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.
