PropertyEU

Kenmore fund disposes of two Norwegian assets

By A staff reporter 2008-02-11T00:00:00

Kenmore European Industrial Fund (KEIF) has sold two Norwegian properties to Close Euro PIP for NOK 118.7 mln (EUR 14.8 mln). The transaction reflects a net initial yield of 6.7% and was done at a price above the last valuation of 30 September 2007. The properties consist of a 9,750 ...

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