Singapore's Far East Orchard, part of the country's largest private property developer, Far East Organization, has acquired a purpose-built student accommodation asset in Southampton, UK for £13.9 mln (€17 mln).
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.
