Listed German residential property company Gagfah has announced an offer to buy back up to EUR 75 mln of its shares. The offer will be in the form of a modified Dutch auction with an offer price of between EUR 3.50 and EUR 5 per share.
Listed German residential property company Gagfah has announced an offer to buy back up to EUR 75 mln of its shares. The offer will be in the form of a modified Dutch auction with an offer price of between EUR 3.50 and EUR 5 per share.
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.