The First and Second Swedish National Pension funds - AP1 and AP2 - will invest around EUR 1 bn in European real estate via a joint company that will be managed by Catella, Eva Halvarsson, CEO of AP2, told PropertyEU.
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.
