Announced
Financials
Sources
Tags
Single Bidder
real estate development
Real Estate Holding and Development
Majority
Sweden
Friendly
Acquisition
Domestic
Pending
Public
Real Estate Services
Synopsis
Castellum, a Swedish real estate company, offered to acquire Kungsleden, a long term property-owner, for SEK26.9bn ($3.11bn). "Through the combination with Kungsleden, we strengthen our position as the leading Nordic listed commercial property company, with focus on the most interesting growth regions. Together, we create a company with a well-diversified property portfolio, a strong customer focus and an attractive project development portfolio," Rutger Arnhult, Castellum Chairman of the Board.
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