• Balder buys portfolio 

Fastighets AB Balder has acquired a German property portfolio consisting of seven hotel properties for approximately EUR58m.

Balder has signed 20-year lease agreements on all properties with Ligula Hospitality Group, which is an existing tenant at Balder in several hotels. CEO Erik Selin said: “Establishing on the German real estate market through long leases together with a reputable tenant feels very positive.”

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http://news.cision.com/fastighets-ab-balder/r/balder-acquires-a-hotel-portfolio-in-germany,c2545601

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