Qatari Diar Real Estate Investment Company plans to invest around CHF 300 mln (EUR 211.5 mln) by 2014 in the development of a luxury resort on Lake Lucerne in Switzerland.
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.
