Tritax EuroBox sells Gothenburg warehouse in Sweden for £28.3m, using proceeds to reduce net debt.
Tritax EuroBox sells its Gothenburg warehouse in Sweden for £28.3m ($36.7m), to a leading pan-European real estate investment manager. The sale price aligns with the property's September valuation. The proceeds will be used to reduce net debt, as part of the company's strategy to reduce leverage through selected disposals. The deal is conditional on approval under the Swedish Foreign Direct Investments Act.
May 14, 2024
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