NSI has announced the completion of its merger with Vastned Offices/Industrial. The combination of the two Amsterdam-listed property companies will be known as NSI and will have a mixed real estate investment fund with a portfolio of EUR 2.3 bn.
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.
