Sjaelso Gruppen sells retail projects to Investea

Danish real estate company Sjaelso Gruppen is selling two retail projects in the central Danish city of Svendborg to Investea for DKK 100 mln (EUR 12 mln). The first project is the development of a 5,000 m[sup]2[/sup] furniture store that will be leased to IDEmobler, the largest furniture retail chain in Denmark. The second project inolvees the construction of 3,000 m[sup]2[/sup] of external facilities at a newly established centre for DIY retailer Silvan.

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