Italy's Merope Asset Management, a real estate investment and development company, has acquired a trophy asset in Milan's Brera district from Compagnie Industriali Riunite (CIR) for €38 mln.
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.
