France’s La Poste Group has earmarked €500 mln to set up the first urban logistics investment fund, via its property unit La Poste Immobilier and in partnership with Banque des Territoires.
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.
