Listed retail property fund Vastned Retail has acquired a high street shop in the heart of the Nisantasi shopping district of Istanbul. The transaction boosts the value of Vastned Retail's portfolio in Turkey to over EUR 100 mln.
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.
