Sweden's Kungsleden has purchased eight properties for EUR 22.6 mln, generating a yield of 7.2%. The properties are in Goteborg, Kungalv and Uddevalla and have a total lettable area of 31,000 m2, with a rental value of EUR 2.4 mln. Kungsleden takes possession of the buildings on 1 December.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
