Colonia Real Estate Solutions, a wholly owned subsidiary of Colonia Real Estate, has obtained another asset management mandate for two commercial real estate portfolios with a total rental space of around 95,000 m[sup]2[/sup]. The asset management contracts agreed run for six years.
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.
