Kungsleden, the listed Swedish property company, has acquired eight logistic properties in a sale-and-leaseback deal from paper and packaging firm Papyrus for SEK 532 mln (EUR 56 mln). The properties are in Stockholm, Norrköping, Vetlanda and Gothenburg, Sweden and the Danish capital Copenhagen. They provide a total lettable area of 61,000 m[sup]2[/sup] and generate a total annual rent of almost EUR 5 mln.
Poland-focused logistics platform European Logistics Investment (ELI) has signed a €155 mln loan agreement with a consortium comprising pbb and Helaba.
