Property advisor Savills has recruited three directors who will comprise the initial core of its new cross-border European valuation team. The team consists of Nick Harris, previously of Colliers CRE; Simon Orr, who has transferred from Savill's Paris office and Chris Millington, who is joining Savills from DTZ in April.
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.
