Swedish propco makes £75m London debut

Balder has acquired 8 Fenchurch Place in the City of London for £75m to make its UK debut.

Balder, which has an €11.2bn (£10bn) portfolio of residential and commercial properties and hotels in Sweden, Denmark, Norway, Finland and Germany, has partnered with Brunswick Real Estate as its UK operating partner and is targeting further London investments in the year ahead.

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