Fondi Immobiliari Italiani (Fimit) is acquiring Europe's largest holiday resort complex - the Forte Village - near Cagliari, Italy. The financial details of the transaction have not been disclosed but market sources said the centre is worth EUR 300 mln. Reached for comment by PropertyEU, Fimit said it would reveal more details about the deal 'as soon as possible'.
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.
