Investment in German residential portfolios is expected to exceed EUR 6 bn this year, compared to a 2011 volume of EUR 4.8 bn, according to real estate agent Savills.
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Emaar Properties acquires Grand Hotel Imperiale in Forte dei Marmi
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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.
