W.P. Carey International, a subsidiary of investment firm W. P. Carey & Co. has acquired a portfolio of 61 French logistics properties through a sale and leaseback transaction with the Fraikin Group for $68 mln (EUR 51.5 mln).
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.
