Two Israeli companies have acquired a high-tech industrial park near Cologne, eastern Germany, for EUR 106.7 mln. Property and Building Ltd and Electra Ltd conducted the purchase through a foreign subsidiary in which each company has a 42.5% stake.
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.
