Essen-based management company Management fur Immobilien (MFI) is planning to invest up to EUR 1 bn in the Turkish retail market, the company said during a press conference, attended by Turkish prime minister Recep Tayyip Erdogan.
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.
