PropertyEU

HDG fund sells Swedish property for EUR 80m

By A staff reporter 2007-10-03T00:00:00

The Shariah-compliant HSBC Amanah Global Properties Income Fund has sold an office building in Kista, Stockholm to Morley's European Property Fund for EUR 80 mln. The property is let to telecommunications giant Ericsson, according to a statement released by HDG Mansur, manager of the HSBC Amanah fund.

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