AXA Real Estate Investment Managers has completed the acquisition of the IBIS London City Hotel on behalf of the Co-operative Insurance Society (CIS) for £38.35 mln (EUR 44 mln). The vendor was Mangrove Securities.
AXA Real Estate Investment Managers has completed the acquisition of the IBIS London City Hotel on behalf of the Co-operative Insurance Society (CIS) for £38.35 mln (EUR 44 mln). The vendor was Mangrove Securities.
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.