LaSalle Investment Management has acquired an office complex in the centre of Munich for close to EUR 16 mln. The property comprises 5,000 m[sup]2[/sup] of office space, of which some 15% is leased to Dresdner Bank.
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.
