Dutch privately held investor Redevco has acquired a retail unit in the Salamanca district of Madrid for around EUR 27 mln. Located at Goya street, the property offers around 2,300 m[sup]2[/sup] of retail space and is leased to fashion retailer Zara with a long-term rental agreement.
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.
