European distribution facility owner Logis European Properties (PEPR) has generated EUR 97.5 mln from its capital raise launched at the end of August 2011. PEPR intends to use net proceeds to reduce outstanding debt.
European distribution facility owner Logis European Properties (PEPR) has generated EUR 97.5 mln from its capital raise launched at the end of August 2011. PEPR intends to use net proceeds to reduce outstanding debt.
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.