French fund management company Icamap has blasted Gazit Globe's takeover offer for Atrium's outstanding shares as 'unfair and unacceptable', advising the board of Atrium to 'withdraw or renegotiate its recommendation' for Gazit's proposal.
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.
