Prologis European Properties (PEPR) quoted on the Euronext stock exchange said that it would purchase a portfolio of properties for a total of EUR 215.4 mln from its founder, Denver-based Prologis. The properties acquired consist of 15 newly constructed and fully-leased distribution facilities in Belgium, the Czech Republic, France, Germany, Poland and Spain with a total surface of 305,000 m[sup]2[/sup].
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.
