Luis Portillo, head of Colonial, Inmocaral and Societe Foncieres Lyonnais, is already looking beyond his latest acquisition in Spain. The entrepreneur told new agency Europa Press on Thursday that he is seeking acquisitions in the Netherlands, Germany and the UK.
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.
