16 February 2007
Northern European Properties Ltd ("NEPR"), which invests in real estate opportunities in the Nordic and Baltic Regions, announces today the purchase of two property portfolios, with closing 1st March 2007, for a total amount of €134.8 million from LR Nordic Properties AB, a subsidiary of London & Regional Group. The purchases form a key part of NEPR's strategy to build a high yield portfolio with secure, long lease term tenants in the region.
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For an example of each portfolio please click on the links below:
Highresolution image Finnveden, Germany
Highresolution image Holiday Club Tampere, Finland