AXA Real Estate Investment Managers has bought a prime logistics warehouse development in Madrid on behalf of one of its clients. The development, which is situated 15 km to the south of the Spanish capital in the Getafe area, was acquired from UTE Posmocan Los Gavilanes for an undisclosed amount.
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.
