Sveafastigheter has renewed 68 lease agreements with Kesko Plc
Sveafastigheter Fund III (”Sveafastigheter”) and Capitol Asset Management (”CAM”) acquired in Finland during the spring of 2012 a total of 77 K-Market and K-Supermarket grocery stores, which were leased to retailer Kesko on short-term lease agreements. Sveafastigheter and CAM have now signed long-term lease agreements with Kesko for 68 of these properties. In conjunction with the above prolongations, the owners have committed to a vast renovation programme in the properties. — The co-operation with Kesko has been outstandingly good. Both parties have strived to consider each other’s aims