UK alternative lender Fortwell Capital has launched a major initiative to support development activities in the Republic of Ireland. Activities commenced immediately with the completion a new €21 mln construction loan to Red Rock Developments Ltd., a property company led by experienced Irish developer, Keith Craddock.
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.
