UK property group MWB has reached agreement to extend the majority of a £282.5 mln (EUR 330 mln) facility for its boutique hotel business Malmaison to end-December 2014.
UK property group MWB has reached agreement to extend the majority of a £282.5 mln (EUR 330 mln) facility for its boutique hotel business Malmaison to end-December 2014.
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.