- CLS Holdings has completed the disposal of its only remaining investment property in Sweden.

The 418,800 sq ft (38,900 sqm) mixed-use office, educational, residential, leisure and medical complex Vanerparken, Vanersborg has been sold to Bengt Linden AB for SEK590 million. In a separate transaction, CLS has redeemed at par its SEK300 million bond due 2016.

The bond, which was issued in April 2011, was repaid on maturity on 27 April 2016 from the company's cash resources.

Story provided by