Amsterdam-listed real estate companies VastNed Offices/Industrial (VNOI) and Nieuwe Steen Investments (NSI) have formally begun merger negotiations. The talks come after the completion of a due-diligence procedure.
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.
