NH Hoteles is looking to list up to another 49% of its luxury property unit Sotogrande in the next few months to finance acquisitions or cut debt, Spanish newspaper Expansion reported, citing NH Hoteles' chairman Gabriele Burgio.
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.
