KPMG, administrators for UK private property firm Osborn Securities (Hotels), has picked CBRE Hotels to market a portfolio of three purpose-built hotels all branded Hampton by Hilton, Hilton's premier budget offering. The broker did not disclose an indicative price.
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.
