German commercial real estate lender Eurohypo has provided a £90 mln (EUR 107 mln) secured facility to UK REIT Derwent London. The seven-year facility replaces existing facilities and is initially secured against two assets.
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.
