US-based Helios AMC has acquired The Situs Companies, a global real estate advisory and loan servicer firm. The combined company will operate as The Situs Companies. Headquartered in Houston, Texas, it will employ over 400 professionals at 12 offices across the US and Europe. In Europe, Situs operates offices in London, Frankfurt, Dublin and Copenhagen.
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.
