Money for urban development may be tight due to the financial crisis and economic recession, but there are ways for cities to secure funding for much-needed improvements, according to Dame Judith Mayhew Jonas, chairman of London-based New West End Company. Mayhew Jonas will moderate a session entitled 'City Development: Where Will the Money From?' at the ULI Europe conference which takes place in Paris today.
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.
