Construction has begun in Lisbon for the Colombo Towers, which will become one of the main office developments in the Portuguese capital. The project is a 50/50 partnership between Sonae Sierra and ING Real Estate, and will involve an investment of about EUR 90 mln, Sonae Sierra said in a press release on Wednesday.
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.
