Sveafastigheter divests grocery store portfolio in Finland to Redito
Sveafastigheter Fund III (”Sveafastigheter”) and its partner Capitol Asset Management (“CAM”) have signed the disposal of a portfolio with 68 grocery stores located around Finland. The buyer is the Swedish property company Trophi Fastighets AB, which is managed by Redito. The portfolio was sold for an underlying property value of € 124 million and closing is planned for the end of June 2014.The property portfolio was acquired by Sveafastigheter and its local asset management partner CAM in 2012. Kesko Food Ltd is sole tenant for all properties in the portfolio. - The divestment of the