Goodman Group is to develop a 78,000 m[sup]2[/sup] logistics centre for e-commerce retailer Zalando at Erfurt's freight terminal in Germany. The development is pre-let on a 16-year lease term. Construction will commence in mid-October and delivery is scheduled for August 2012.
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.
