AP4 To Sell Property Manager Stake

The fourth Swedish national pension fund, AP4, is selling half its shares in property manager, Dombron Stakeholders, Global Pensions reports. Pension provider, AMF, will pay $63 million for the stake.

Dombron is one of the largest owners and managers of residential properties in Sweden. The property manager has a portfolio valued at $954 million in Uppsala, Stockholm, Halmstad and Gothenburg.

Click here for the story from Global Pensions.