Swedish company SEB has sold its real estate portfolio in Estonia, Latvia and Lithuania to Homburg Invest for EUR 197 mln. Homburg said in a statement that the transaction involves 63 properties, of which 47 will be occupied by SEB Group under long term leases and 16 of which are primarily leased to other tenants or which SEB Group intends to occupy on short term leases. The transaction is expected to close during the third quarter of 2007.
Premium subscriber content – please log in to read more or take a free trial.
