Klövern AB (publ) sold seven warehouse/logistics properties in Sweden to funds managed by Blackstone Group Inc. for 622 million Swedish kronor.
The properties, spread across Örebro, Kalmar, Halmstad, Linköping and Västerås, have about 94,000 square meters of combined rentable space.
The transaction is set to close Oct. 15.
As of Sept. 12, US$1 was equivalent to about 9.65 Swedish kronor.
