French furniture retailer BUT has sold a portfolio of 25 stores across France for a total of EUR 200 mln. The buyers are Shopping Property Fund 1, an OPCI investment vehicle managed by BNP Paribas, and investment firm Compagnie de Phalsbourg.
French furniture retailer BUT has sold a portfolio of 25 stores across France for a total of EUR 200 mln. The buyers are Shopping Property Fund 1, an OPCI investment vehicle managed by BNP Paribas, and investment firm Compagnie de Phalsbourg.
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.