Shopping centre developers and owners need to take heed of the silver-grey tsunami set to wash over Europe in the next decade, Jesper Bo Jensen, Futurist and CEO of Denmark-based Fremforsk, warned at the European Research Seminar of the International Council of Shopping Centers (ICSC) in Amsterdam in early November.
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.
