Hochtief Projektentwicklung, a subsidiary of German builder Hochtief, has sold the office building at Invalidenstrasse 91 in Berlin-Mitte to a Credit Suisse real estate fund. Financial details were not disclosed. The property has a gross floor area of around 9,000 m[sup]2[/sup].
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.
