Macquarie Goodman is buying Rosemound Developments for £336 mln (EUR 493 mln) to start a new fund investing in UK warehouse distribution centres. Rosemound, a leading industrial developer in the UK, will add projects worth about £1.7 bn upon completion to Macquarie Goodman's UK developments, the Sydney-based company said in a statement.
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.
