London-listed Great Portland Estates has agreed to sell a 50% interest in The 100 Bishopsgate development project to the Brookfield Properties Corporation for £42.97 mln (EUR 48 mln) on completion. The joint venture holds all of GPE's Bishopsgate properties which form the 100 Bishopsgate development site in the heart of the City of London.
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.
