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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.

    Click here for the story fromPropertyEU.

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