Some EUR 17 bn of commercial property changed hands in Germany in the first nine months of 2011 following a strong third quarter, according to international real estate advisor Savills.
Some EUR 17 bn of commercial property changed hands in Germany in the first nine months of 2011 following a strong third quarter, according to international real estate advisor Savills.
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.