Real estate investment trust Supermarket Income REIT has refinanced its existing loan with Bayerische Landesbank (BLB) with a new three year £86.9 mln (€99.0 mln) term loan.
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.
