ProLogis has pre-leased 10,700 m[sup]2[/sup] of industrial space in Bucharest to Kuehne + Nagel, a provider of third-party logistics services. Kuehne + Nagel will occupy space at ProLogis Park Bucharest A1, a new industrial park ProLogis is developing along Bucharest's A1 motorway. The facility is due to completion in the first half of 2007.
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.
