The city of Moscow is planning to divest RUB 13.9 bn (EUR 340 mln) worth of stakes in non-core real estate assets in a bid to boost its finances, business daily Vedomosti reported.
The city of Moscow is planning to divest RUB 13.9 bn (EUR 340 mln) worth of stakes in non-core real estate assets in a bid to boost its finances, business daily Vedomosti reported.
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.