Redevco Sweden has purchased a retail warehouse in Lund from Swedish real estate company Ikano Fastigheter for an undisclosed amount. The property, which is fully let, is located in the Nova Lund retail park, and provides about 3,200 m[sup]2[/sup] of retail. It was constructed in 2005 and is let to Överskottsbolaget on a long lease, Redevco said in a press release.
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.
