ICA Real Estate to sell ICA Eiendom Norge AS to UNION Real Estate Fund II for SEK 2.2 billion

Solna, Sweden, 2016-Dec-05 — /EPR Retail News/ — ICA Real Estate is selling ICA Eiendom Norge AS, with an underlying property value of SEK 2.2 billion, to UNION Real Estate Fund II, a real estate fund managed by the Norwegian firm UNION Eiendomskapital. The deal gives ICA Gruppen a positive cash flow of approximately SEK […]