Danish property investor Thylander Gruppen is reaping EUR 200 million on the sale of a portfolio consisting of about 1,400 properties, 50 commercial leases and nearly 1,000 parking spaces to Swedish property investor Heimstaden, which is controlled by Norwegian billionaire Ivar Tollefsen, Thylander Gruppen writes in a corporate announcement.
"We're pleased with this exit which secured a satisfactory return to our investors. We acquired the major part of the real estate in 2012, and our skilled employees have added considerable value by executing active ownership," says Lars Thylander, founder and partner.
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