Listed Swedish property company Kungsleden has said it is divesting one industrial property and two site leaseholds in Sweden for SEK 204 mln (EUR 18.4 mln) to fellow listed Swedish property company AB Sagax. At the same time Kungsleden is acquiring three warehouse and office properties from Sagax for SEK 190 mln (EUR 17.1 mln).
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
