Rodamco Europe plans to strengthen its development activities in the countries in which it is active in Europe. 'This will lead to more income, higher margins and a better-quality portfolio', ceo Maarten Hulshoff said at the presentation of the annual results Monday.
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.
