Listed German office provider DIC Asset is confident it will secure significant pre-letting for its new MainTor office development in Frankfurt, CEO Ulrich Holler told PropertyEU. 'Frankfurt has a 12-13% vacancy rate, but there is huge demand for top-quality prime space. We have just started construction on the MainTor and I am confident the project will come through.'
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.
