UK property investment advisor Delancey has acquired the freehold interest in the West Hallam Industrial Estate, Derbyshire, UK for nearly £19 mln (EUR 22 mln) deal from Douglas Bay Capital. The purchase price reflects a net initial yield of 8.6%.
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.
