FHA Czech, a subsidiary of US investment fund Pramerica Financial, has acquired the office and retail section of the A7 Arena Holesovice project in Prague from ING Real Estate Development. The transaction value comes to about EUR 37 mln, providing a yield of about 6.6%.
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.
