Allianz Real Estate, on behalf of Allianz companies, and European residential real estate company Heimstaden Bostad have injected SEK 7,000 mln (€650 mln) of new equity into their existing Swedish joint venture, using the proceeds to repay debt.
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.
