Vasakronan, a property company owned by the four Swedish government pension funds, has acquired the entire Blåmannen 20 city block known as 'Klara Zenit' in Stockholm, for SEK 4.35 bn (EUR 483 mln). The seller is HausInvest, a German open-ended property fund managed by Commerz Real.
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.
