Change is under way in Europe's refinancing arena as the nervousness in the market is being priced in, Berhard Scholz, a member of the board at Deutsche Pfandbriefbank, told PropertyEU at Expo Real.
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.
