Franco-Dutch listed property group Unibail-Rodamco has announced the acquisition of a 7.25% stake in Société Foncière Lyonnaise (SFL) from German bank Eurohypo for a total amount of EUR 106.5 mln. The purchase price corresponds to EUR 31.59 per share. The acquisition has been made for investment purposes, Unibail-Rodamco said.
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.
