A new company established by Sweden's first national pension fund has acquired a 860,000-m[sup]2[/sup] property portfolio for more than SEK 7 bn (EUR 765 mln).
A new company established by Sweden's first national pension fund has acquired a 860,000-m[sup]2[/sup] property portfolio for more than SEK 7 bn (EUR 765 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.