Unibail-Rodamco plans to sell EUR 2.5 bn to EUR 3 bn of non-core retail and office assets between now and 2013. European's largest listed real estate company divested more than EUR 1.5 bn of assets at an average yield of 5.5% during 2010.
Unibail-Rodamco plans to sell EUR 2.5 bn to EUR 3 bn of non-core retail and office assets between now and 2013. European's largest listed real estate company divested more than EUR 1.5 bn of assets at an average yield of 5.5% during 2010.
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.