Portuguese shopping centre group Sonae Sierra has mandated Jones Lang LaSalle to market its Gli Orsi shopping centre in Biella, Northern Italy, starting from January. The scheme, which represents an investment for Sonae Sierra of roughly EUR 102 mln, consists of 41,000 m[sup]2[/sup] of retail space across 100 shops and 19 restaurants and coffee shops.
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.
