PropertyEU

Kungsleden in EUR 121m property acquisition

By A staff reporter 2010-06-23T00:00:00

Listed Swedish property company Kungsleden is acquiring four public properties spread over 38 buildings for a total of SEK 1.15 bn (EUR 121 mln). The purchase was carried out through Kungsleden's joint venture with AP3 (the Swedish Third Pension Insurance Fund). The investment volume reflects a property yield of approximately ...

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