German closed-end fund manager KGAL has acquired 60 Gracechurch Street in London from Evans Randall for around £116 mln (EUR 137 mln). The transaction is the biggest acquisition in London by KGAL, who develop and manage investments in real estate, aircraft, infrastructure, ships and private equity.
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.
