Danish property company Sjælsø has entered into an agreement with Swedish real estate developer HSB Bostad for the sale of 75% of its major development project in the municipality of Solna, Stockholm. The company said that the sale price is 'significantly above the acquisition price and book value', releasing cash in excess of DKK 100 mln (EUR 14 mln) for Sjælsø.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
