French REIT Societe de la Tour Eiffel (STE) said on Tuesday that it has committed to the acquisition of a speculative office development project in the southern Parisian district of Montrouge from construction conglomerate Vinci Construction group for EUR 25 mln.
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.
