Investment in commercial real estate across Europe reached EUR 95.9 bn in 2010, representing a 53% increase on the EUR 62 bn booked in 2009, according to DTZ Research in its latest Investment Market Update report.
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.
