Auxideico, the Spanish shopping centre manager owned by Germany's ECE, has been picked by owner Union Investment Real Estate to manage the Área Sur shopping center in Jerez de la Frontera near Cádiz in southern Spain.
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.
