Domus Srl, a company owned by US privately-held developer-investor Hines as well as funds managed by asset management group Apollo, has completed the acquisition of a majority stake in Italian REIT Aedes in a deal valuing the company at around €90.
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.
