Kungsleden acquires 35 properties in northern Sweden

By A staff reporter 2007-07-05T00:00:00

Listed Swedish property company Kungsleden is acquiring a portfolio of 35 properties located in the northern Swedish cities of Umea, Harnosand, Lulea, Nordmaling and Solleftea from Midnattssolen Fastigheter for a purchase price of SEK 540 mln (EUR 59 mln). The transaction reflects a yield of 7.2%.

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