Tire manufacturer Michelin has sold its historic headquarters at 46 Avenue de Breteuil in Paris’ 7th arrondissement to French insurer Covéa for EUR 110 mln, reflecting a capital gain of nearly EUR 100 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.
