Australia-based property group Lend Lease is poised to win more than £5bn (EUR 7.3) of development work on the London 2012 Olympic Village and the adjoining Stratford City urban renewal project, The Financial Times newspaper has reported, citing the Olympic Delivery Authority's ceo David Higgins.
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.
