17 august, 2015

Divestment of bank properties

Pangea adviser to Swedbank in Swedish sale leaseback transaction

Pangea has advised Swedbank on the divestment of properties owned by the bank. In June, purchase agreements for two properties in Söderköping and Söderhamn were signed with local buyers.

The properties have a total area of approximately 2,300 m² with Swedbank as anchor tenant.

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