London & Stamford Property has completed the sale of the Triangle distribution portfolio for £265 mln (EUR 324 mln) to BRE/Rhombus Bidco Sarl, an entity managed by a Blackstone real estate fund. The deal price includes £150 mln to repay related debt.
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.
