Europe is not in recession, but risk aversion is rising and there are early signs that real estate transactions are slowing down.
Europe is not in recession, but risk aversion is rising and there are early signs that real estate transactions are slowing down.
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.