A state-owned shopping centre portfolio in Sweden could be sold for far above the opening price of SEK 9 bn (EUR 972 mln). Swedish newspaper Dagens Industri reported that there are currently four bidders left, and that a final offer for the CentrumKompaniet bidding contest is due within two weeks. The sale is expected to be concluded by mid-May.
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.
