PropertyEU

NREP sells seven retail properties to Kungsleden for EUR 60m

By A staff reporter 2010-12-03T00:00:00

Nordic Real Estate Partners (NREP) has secured an exit on its NREP Retail Fund 1 by selling seven retail properties to Kungsleden Nordic Real Estate Partners (NREP) for SEK 540 mln (EUR 59 mln). In total, the NREP Retail Fund 1 has produced an IRR well above 50% for its ...

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