Property adviser Savills has acted for Nueva Rumasa in the acquisition of an industrial development site outside Barcelona, which will result in a EUR 40 mln headquarters and production plant for chocolate milk drink manufacturer Cacaolat.
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.
