The Ukrainian Council of Shopping Centres (UCSC), a member of the European Council of Shopping Places (ECSP), has reported that the war in the country cost the retail and retail property sectors some $9.9 bn (€9.7 bn) in the first half of the year.
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.
