Luis Portillo, chairman and majority shareholder of Inmoracal-Colonial, has acquired 2% of Eiffage for EUR 204 mln. Portillo has become the third-biggest Spanish shareholder in the French construction group, whose board is polarized in two axes said to represent rival Spanish and French interests.
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.
