CEE shopping centre specialist Atrium European Real Estate saw its losses narrow by almost a third to EUR 342 mln in the first nine months of the year from EUR 485 mln in the same period a year before.
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.
