French food and services group Sodexho Alliance has poured cold water on a newspaper report that it was about to make a $5 bn (EUR 3.8 bn) bid for global property advisor Jones Lang LaSalle.
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.
