The Swedish government has presented a plan to modify the country's controversial real estate tax, an issue that analysts said helped the current centre-right coalition win last year's national elections. The 'Alliance for Sweden' coalition made it one of its central election promises to reform the real estate tax last September, but had bickered internally until now about how to pay for the reform.
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.
