Spanish property company Cosmani Inmobiliaria has acquired a plot of land with a build-on area of about 6,336 m[sup]2[/sup]. The asset, located in Villaverde, near Madrid, means an investment of EUR 28 mln, news agency Europa Press reported.
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.
