Orion Capital Managers has confirmed it will not complete the acquisition of a £400 mln (€460 mln) UK retail park deal agreed on 20 February with vendor Hammerson, the UK REIT said on Wednesday.
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.
