The real estate investment climate in Germany continues to benefit from the feel-good factor generated by the ongoing recovery, but economic weakness in France and the UK is taking its toll, according to the results of the latest Investment Climate Index released this week by Union Investment.
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.
