European real estate manager Doughty Hanson & Co Real Estate (DHCRE), through its DHCRE Fund II, has announced the purchase of Howick Place, London, in a joint venture with the AIM-listed property company Terrace Hill Group for EUR 37.5 mln.
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.
