GSW Immobilien, the German housing firm which went public earlier this year, has completed the purchase of 4,800 apartments for EUR 330 mln from Gagfah, the largest listed residential property owner in Germany.
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.
