European listed real estate stocks - as represented by the GPR 250 Europe Index - finished March 4.7% higher with only the country indices of Sweden and Poland recording losses. Sweden booked a return of -1.3% while Poland slid 23.5%.
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.
