RBS invests EUR 211m in Finnish hypermarkets

RBS Nordisk Renting, a wholly-owned subsidiary of the Royal Bank of Scotland, said it has bought a K-Citymarket retail property in Pieksamaki for an undisclosed amount from Finnish retail chain Kesko Oyi. The company said it has also signed a new joint venture agreement with the retailer to invest an additional EUR 211 mln in three other hypermarkets.

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