Sweden's Klovern has sold all its Kalmar and Eskilstuna properties to real estate company Dagon for EUR 76 mln. Klovern told PropertyEU that the sale consists of 11 commercial properties in Kalmar, south-eastern Sweden, with an average occupancy rate of 88%. It also includes four assets in Eskilstuna near Stockholm. The majority of the properties, comprising a total 89,000 m2, are offices and warehouses.
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.
