Russian real estate developer Capital Group is selling two office properties and a shopping centre to UFG Real Estate and an unnamed business partner. Although the financial details were not disclosed, the deal is said to amount to over $300 mln (EUR 211 mln).
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.
