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Eurocommercial Properties closes 795M kronor retail park sale

Eurocommercial Properties NV closed on the sale of its 421 retail park outside Göteborg, Sweden, for 795 million Swedish kronor.

The disposal of the property is part of the company's ongoing asset rotation program, which has produced property sales totaling €180 million since September.

As of Dec. 6, US$1 was equivalent to 8.43 Swedish kronor.