New Europe Property Investment (NEPI), through its wholly-owned subsidiaries NE Property Cooperatief and New Europe Property, has concluded an agreement for the acquisition of 100% of Ingen Europe, the owner of the 36,000-m[sup]2[/sup] Floreasca business park in Bucharest, Romania.
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.
