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Kungsleden AB acquires two commercial properties from Brio AB

Nordic Business Report, Dec 17, 2007

NORDIC BUSINESS REPORT-17 December 2007-Kungsleden AB acquires two commercial properties from Brio AB(C)1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish property company Kungsleden AB said on Monday (17 December) that it has agreed to acquire two commercial properties in Osby in southern Sweden from Brio AB.

The purchase price for the properties, totalling 36,000 square metres, is SEK98m.

Brio will continue to use the properties on 10-year agreements.

Kungsleden, headquartered in Stockholm, Sweden, manages a portfolio of some 600 properties of a total value of SEK25.9bn. The company is listed on the OMX Nordic Exchange in Stockholm.

One British pound (GBP) is worth approximately 13.18 Swedish kronor (SEK).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2007 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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