US privately-held developer-investor Hines has agreed to acquire a 21,000 m2 high-rise hotel and residential building to be developed in Barcelona’s Esplugues de Llobregat area from local developer Sacresa.
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.
