PropertyEU

Klepierre, ABP close acquisition of top Scandinavian mall owner

By A staff reporter 2008-10-08T00:00:00

Listed French property company Klepierre and Dutch pension fund ABP have closed their previously announced EUR 2.7bn acquisition of Steen & Strom, the largest shopping centre owner in the Scandinavia region. After this transaction, Klepierre now owns 56.1% of Steen & Strom's share capital and ABP 43.9%.

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