PropertyEU

Sagax, Hemfosa JV buys Swedish assets for EUR 54m

By A staff reporter 2012-11-19T00:00:00

Söderport Fastigheter, a 50-50 joint venture between Swedish investors Sagax and Hemfosa Fastigheter, has acquired a mixed-use portfolio for SEK 470 mln (EUR 54 mln), reflecting a yield of 9%. The vendor is Swedish motor vehicle inspection company Bilprovningens.

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