Hansteen, the AIM-listed investor in continental European real estate, has acquired seven investment properties in the Germany, the Netherlands and France for a total of EUR 44.5 mln. The properties produce a combined rent of EUR 3.86 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.
