French company Proudreed has completed three purchase in France, acquiring 11 buildings with 75,528 m[sup]2[/sup] of business space. The investment value comes to EUR 41.2 mln, reflecting a yield of 8%, French newspaper Business Immo reported.
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.
