UK-based Moorfield has acquired the Cornmill shopping centre in Darlington from the property management firm Investream for EUR 125,5 mln. The value reflects a net initial yield of 5.25%.
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.
