Specialist property lender Leumi UK has provided a £38 mln (€43 mln) loan to Magnetar Capital, a US-based alternative asset manager, to refinance the purchase of two town centre shopping schemes in Perry Barr, near Birmingham, and Corby, Northamptonshire.
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.
