A number of German open-ended real estate funds, including Deka and Union Investment, are pushing ahead with attempts to buy the Diagonal 640 office building in Barcelona, well-informed market sources told PropertyEU. Madrid-based Realia put the trophy asset on the market in early 2010 through CB Richard Ellis.
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.
