Standard Life Investments (SLI) has made its first acquisitions in Germany in a bid to strengjthen its EUR 91 mln European Property Growth Funds (EPGF), the UK company said 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.
