Softening yields in the Dutch office market have turned the Netherlands into an opportunity driven market for the first time in more than a decade, according to real estate advisor Savills. In the past few months, yields have already softened by 30-50 basis points and further easing is expected.
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.
