Listed Swedish property company Kungsleden is acquiring four public properties spread over 38 buildings for a total of SEK 1.15 bn (EUR 121 mln). The purchase was carried out through Kungsleden's joint venture with AP3 (the Swedish Third Pension Insurance Fund). The investment volume reflects a property yield of approximately 7.5%. Total rental value is some SEK 125 mln
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
