Fabege is selling a mixed-use portfolio to Swedish peer Dios & Kuylenstierna Forvaltning for SEK 1.35 bn (EUR 145.4 mln). The sale will result in an after-tax gain of about SEK 200 mln, Fabege said in a press release. The portfolio consists of eight properties that provide office, industrial and warehouse space.
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.
