LaSalle Investment Management has finalised a deal to purchase and fund the construction of a student hall in London for £32 mln (EUR 38 mln) on behalf of an institutional client. The purchase price reflects a net initial yield of 6.27%.
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.
