Orion Capital Managers has agreed to acquire the Milan 4 development project in the Italian city of Milan from the real estate arm of Berlusconi's Fininvest investment unit, PropertyEU has learnt.
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.
