The struggling Irish real estate market has been dealt a new blow by the collapse of the sale of the country's largest shopping centre. Aviva Investors confirmed on Friday that negotiations to sell the 44,000-m[sup]2[/sup] Liffey Valley centre to F&C REIT and Area Property Partners have been halted.
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.
