Alecta Fastigheter exits 50% Ancore Fastigheter stake

ICA Real Estate agreed to buy Alecta Fastigheter's 50% stake in Ancore Fastigheter, a 32-property Swedish joint venture. The underlying property portfolio value of approximately SEK 8 billion is not the price Alecta itself received. The seller was Alecta's real estate subsidiary, rather than the pension parent directly.