A group of Swedish and German banks have banded together to provide a EUR 515 mln loan for the acquisition of the Vasakronan portfolio from Swedish property company AP Fastigheter by Niam. Niam acquired the portfolio of 40 offices and mixed-use properties in Sweden for its NIAM Nordic Fund IV.
German asset manager publity AG has sold the Access Tower, a 21-storey office building in Frankfurt am Main, Germany.
