Australia's Macquarie Office Trust has acquired the City Central office block in Milan for EUR 151.9 mln, marking its second deal in Europe. The seller was not disclosed. Ceo Adrian Taylor said the transaction was in line with the company's strategy of diversifying investments into European growth markets.
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.
