Commercial real estate investment in Belgium reached EUR 480 mln in the second quarter of 2011, bringing the total for the first half of the year to EUR 900 mln. This is 40% more than the EUR 650 mln volume in the same period last year.
Commercial real estate investment in Belgium reached EUR 480 mln in the second quarter of 2011, bringing the total for the first half of the year to EUR 900 mln. This is 40% more than the EUR 650 mln volume in the same period last 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.