Specialist property lender Leumi UK has agreed to a £13.75 mln (€15 mln) short-term loan with UK real estate fund manager Frogmore, to refinance Cotton Quay – an 8.5-acre waterfront site in Salford Quays, Manchester.
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.
