PropertyEU

Rutley European Property buys in Sweden

By A staff reporter 2007-05-02T00:00:00

Rutley European Property is acquiring a Swedish property portfolio for SEK 1 bn (EUR 109.7 mln), reflecting a gross initial yield of 5.85%. The portfolio comprises five offices in the centre of Karlstad, mid-western Sweden, with a total area of 72,614 m[sup]2[/sup]. The assets are 96.5% let to a wide ...

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