Kungsleden sells 50% of public properties for EUR 1.4 bn

Listed Swedish property company Kungsleden has agreed to sell 50% of Hemso Fastighets, its investment vehicle for public properties, to a Swedish national pension fund for around EUR 1.4 bn. Kungsleden said the deal will create a stronger base for Kungsleden's other business and enable it to derive more benefit from future deal opportunities in public properties.

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