HSBC Real Estate Investment Management has acquired 3,600 m[sup]2[/sup] of office space within the Tour Franklin at Paris' business district of La Defense as well as an office building offering 2,600 m[sup]2[/sup] of space in the seventh arrondissement of Paris. The transaction price amounts to EUR 39 mln.
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.
