Swiss Prime Site (SPS) is acquiring the SkyKey commercial real estate project in Zurich-North, Switzerland from local developer Karl Steiner. The 63-metre-high building is being constructed according to the LEED standard and will be ready for occupancy in the summer of 2014. The sole tenant is Zurich Insurance Company.
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.
