German listed property company Deutsche Wohnen has acquired 510 residential and 37 commercial units from private investors for a total of EUR 40.5 mln. The 35,000 m[sup]2[/sup] portfolios are located in the cities of Offenbach (75%) and Frankfurt (25%).
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.
