Norway's KLP seals EUR 170m purchase in Copenhagen

The Danish arm of Norwegian real estate group KLP Eiendom has snapped up the massive TDC office complex at Teglholmsgade in the South Harbour of Copenhagen for DKK 1.26 bn (EUR 170 mln). The deal - the largest property transaction clinched in Denmark so far in 2011 - reflects a net yield of 5.7%.

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