UK hotel investor Starman has sold its long leasehold interest and ownership of Le Meridien Montparnasse hotel in Paris to Franco-Dutch property group Unibail-Rodamco, the existing freeholder of the property. The financial details were not disclosed.
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.
