IFM Immobilien has abandoned plans for a EUR 18 mln convertible bond issue. The Frankfurt-listed commercial property company said it took the decision to terminate the offer 'given the current market conditions'.
IFM Immobilien has abandoned plans for a EUR 18 mln convertible bond issue. The Frankfurt-listed commercial property company said it took the decision to terminate the offer 'given the current market conditions'.
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.