Stockholm-listed real estate firm Fabege has divested the leasehold for the office and retail property located at Orgelpipan 4 in central Stockholm for SEK 230 mln (EUR 24 mln). This brings the number of sales transactions by Fabege so far in 2010 to six, with a total volume of EUR 155 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.
