Dutch real estate volumes have risen in the last two quarters after a downward spiral in the first nine months of 2011. PropertyEU Research recorded a volume of EUR 1.4 bn in three first three months of 2012. The result was almost on a par with the EUR 1.5 bn recorded in the fourth quarter of 2011.
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.
