Sweden's Skanska is to develop a new office building comprising 30,000 m[sup]2[/sup] of space at Lindhagensterrassen in Stockholm. The investment amounts to EUR 91 mln. The property will be occupied by the insurance company Skandia.
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.
