The Chinese Investment Corporation (CIC) is partnering with private equity firm Blackstone to purchase an interest in the £1.4 bn (EUR 1.6 bn) property loan portfolio being sold by the Royal Bank of Scotland.
The Chinese Investment Corporation (CIC) is partnering with private equity firm Blackstone to purchase an interest in the £1.4 bn (EUR 1.6 bn) property loan portfolio being sold by the Royal Bank of Scotland.
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.