Invesco Real Estate has announced its second acquisition in Scandinavia in 2010 with the purchase of Paradiset 29, a mixed use office and retail property in Stockholm for approximately EUR 82.5 mln. The deal brings the total Invesco has forked out in the region so far this year to EUR 148.5 mln. Earlier this month, it announced the acquisition of the Stockholm Marriott Courtyard Hotel.
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.
