AG Real Estate, formerly known as Fortis Real Estate, has signed a contract with Toulouse-based construction company GA for the construction of the future headquarters of Thales in the Carré 92 business park in Gennevilliers, France. The project, representing a total investment of EUR 145 mln, is currently one of the largest office development sites in France and is expected to be completed by August 2012.
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.
