Dolphin Capital Atlantis is acquiring a 80% stake in Aristo, the largest holiday-home development company in Cyprus for EUR 245 mln. Aristo owns the 1,000-hectare site Venus Rock, the largest sea-front residential resort development in Europe, as well as three our of 12 new preliminary licenses for residential resorts granted by the government in the island.
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.
