ING Real Estate is selling the retail part of the Genk Stadsplein/Sint Martinusplein project to Redevco Belgium. The scheme provides some 30 retail units with a total surface of 16,000 m[sup]2[/sup]. It is nearly fully let (99%) to national and international retailers such as H&M, JBC, GB, Zara, C&A, ICI Paris XL, Hema and Mexx. The financial details have not been disclosed.
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.
