Banca Italease has sold its headquarters on Piazzale Cadorna in Milan to energy group Edison for around EUR 60 mln. The disposal is part of Italease's decision to relocate to a new office building at Via Stile. The transaction price is about 9% more than the EUR 55 mln book value of the property, it said.
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.
