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RBS To Market Three Swedish Malls
Royal Bank of Scotland is seeking to sell three Swedish shopping centers for nearly €200 million.
Royal Bank of Scotland(RBS) is seeking to sell three Swedish shopping centers for nearly €200 million,PropertyEUreports. The portfolio is likely to draw interest from Sweden’s large pension and insurance schemes, as well as international investors.
The three inner-city malls are part of theCentrumKompaniet’s portfolio purchased by U.K. private investment firmBoultbeefor about €1 billion from the municipality of Stockholm in 2007. The transaction was funded by a consortium of seven banks led by RBS.
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