German-based Aberdeen Immobilien KAG (formerly Degi) has sold its King William Street office complex in London to the Scottish Widows SWIP Property Trust for EUR 77 mln. This is the second sale in recent weeks which Aberdeen Immobilien has carried out to help raise the liquidity ratio for the frozen Degi Europa fund.
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.
