ING Real Estate Investment Management has acquired the 'Shopping Centre 17' retail park development in Brunn am Gebirge, Lower Austria. The retail park is being added to the portfolio of ING's Real Estate Property Fund Central and Eastern Europe (ING PFCEE). The fund was launched in December 2006.
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.
