AP4 and Kåpan has finalised a share acquisition strengthening their ownership in Svenska Handelsfastigheter
In May this year, the Fourth Swedish National Pension Fund (AP4) and Kåpan Government Employees Pension Fund called for the acquisition of Länsförsäkringar Liv’s shares in Svenska Handelsfastigheter.
After the transaction, which was completed in June, they each own just under half of the company, while the CEO continues to hold a minority stake.
Svenska Handelsfastigheter is a property owner that develops attractive retail parks in close collaboration with retailers.
AP4 was advised by Mannheimer Swartling in the transaction.