Sonae Sierra, the specialist in the development of shopping malls, is to open two shopping centres in Spain in the autumn. The malls, in Ponferrada and Malaga, will involve an investment of EUR 158 mln, the Portuguese company said on Tuesday.
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.
