Emaar Properties, real estate development company along with Nakheel Properties, one of the two major real estate companies in Dubai in the United Arab Emirates founded in 1997 which has developed numerous projects, including the Burj Khalifa, the world's tallest skypcraper, as well as the Dubai Mall, the world's largest shopping mall, group led by Mohamed Alabbar founder of the enterprise is negotiating the purchase of the Hotel Imperiale Forte dei Marmi, iconic Italian five-star luxury hotel.
The Hotel is located in Forte dei Marmi, one of Italy's top seaside towns on the northern coast of the province of Lucca in a territorial area that is part of the historical and geographical region of Versilia in Tuscany.
The hotel, a prestigious retreat set on the wonderful promenade of Forte dei Marmi, a 2 - minute walk from the beach embraced by the stunning Apuan Alps and overlooking a splendid stretch of the Tyrrhenian Sea features 46 rooms equipped with all services, at guests' disposal there are Spa, a seasonal outdoor pool, restaurant, a bar serving snacks, and after the transfer of ownership it will undergo an intense restyling operation.
According to information provided by SkyTg24, Italy's second all – news channel owned by Sky Italia, the entrepreneur of Emaar Properties has committed a total of €40 million for the purchase of this emblematic 5-star luxury hotel.
Link - https://www.ttgitalia.com/hotel/il-grand-hotel-imperiale-di-forte-dei-marmi-nelle-mani-degli-emiri-per-40-milioni-di-euro-NF21600904
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