Following their recently upgraded profits forecast for calculating 2007 dividends, Swedish listed property company Kungsleden has begun distributing a brochure to all its shareholders describing their proposed share redemption process. Subject to a resolution by the EGM to be held on 19 November, each Kungsleden share will be split into two, one of which will be termed a redemption share.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
