Henderson Global Investors' EUR 900 mln pan-European retail property fund Herald has acquired a retail warehouse park in the German city of Giessen for around EUR 30 mln from the Metro Group, reflecting a yield of around 8%.
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.
