AIM-listed Argo Real Estate Opportunities Fund is opening the third and final phase of its Riviera Shopping City, Ukraine's largest shopping and entertainment complex. The 80,000 m[sup]2[/sup] scheme is the first Ukrainian retail project inaugurated by an international developer in the past year since the global credit crisis sparked a credit shortfall in the country, says manager Robert Provine.
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.
