Invista Real Estate, the largest listed property investment manager in the UK, has acquired the Galaxy leisure complex in the southern English city of Luton for £21 mln (EUR 30.9 mln) on behalf of Invista Foundation Property Trust. The centre is home to a 10-screen cinema, a bowling alley and several bars and restaurants. The company said it is planning to spend about £1mln to make the centre more family-friendly.
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.
