Czech investor CPI has acquired two office buildings in the City West office park project in Prague from local developer Finep for around EUR 70 mln. CB Richard Ellis, which advised the seller on the acquisition, said the deal is the largest Czech real estate investment transaction of 2010.
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.
