Barclays Capital is in advanced negotiations with Dutch pension fund PGGM to sell its majority stake in University Partnerships Programme, the UK's largest developer of university campuses, according to a news report in the Financial Times. The deal is expected to fetch close to £1bn (EUR 1.15 bn), representing one of the biggest corporate transactions of the year.
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.
