Kungsleden to sell 22 properties for EUR 44m

By A staff reporter 2009-12-23T00:00:00

Listed Swedish property company Kungsleden has reached an agreement to sell 22 commercial properties for a total net price of SEK 460 mln (EUR 44 mln) after deducting taxes and transaction costs. The property yield amounts to approximately 7% and the estimated profit after tax is SEK 55 mln.

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