BAM Properties, the UK development arm of Euronext-listed Royal BAM Group, has sold the final part of its £37 mln (EUR 43 mln) retail development on Glasgow's Buchanan Street to a client of La Salle Investment Management for £24.5 mln, reflecting a yield of 5%.
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.
