Germany’s retail real estate market recorded an investment volume of around €9.4 bn in 2022, just 4% below the year-earlier level, according to new data from CBRE. At €2.5 bn, the final quarter also fell only a good €100 mln short of the previous year’s quarter.
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.
