French hotel operator Foncière des Murs (FdM) has completed the acquisition of a portfolio of hotel properties in Germany from the B&B Hôtels group for EUR 65 mln, including real estate transfer tax.
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.
