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Provider: Wright Reports
Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData

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Olav Thon Eiendomsselskap buys property portfolio worth SEK 3.25 bln

Friday, 6 Jun 2014 06:53am EDT 

Olav Thon Eiendomsselskap ASA:Enters into agreement to purchase a property portfolio with five shopping centers in Sweden.The seller is Steen & Strom Holding AB, a subsidiary of Steen & Strom AS.Total purchase price is based on a property value of 3,250 million Swedish crowns.Closing to take place in the beginning of July.The acquisition will be financed by existing liquidity reserves and new loans.