UK-based private equity firm Orion Capital Managers is close to clinching the acquisition of a 50% stake in the Puerto Venecia shopping centre project in Zaragoza, northern Spain, well-informed market sources have told PropertyEU. The vendor is Spanish developer and investor Copcisa Corporación.
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.
