A joint venture between Bauwens Development and Hochtief Projektentwicklung has been mandated for the construction of a 14,400-m[sup]2[/sup] office property in the university quarter in the Northern German city of Essen.
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.
