ING Real Estate Finance (ING REF) has arranged a £174 mln (EUR 260 mln) credit facility for the acquisition of 88 Wood Street in London by a co-investment partnership. To date, 50% of the facility has been syndicated.
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.
