After a groundbreaking record 2021 with a transaction volume of more than €71 bn, transactional activity in the Nordics fell by 31% in 2022 to €49 bn, which is still the second best in history, according to Nordic property advisor Colliers.
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.
