TK Development has sold the Kennedy Arcade, Aalborg, Denmark, to API Property Fund Denmark P/S for DKK 465 million. TK Development expects a profit of minimum DKK 240 million after tax and minority interests for the 2007/08 financial year.
TK Development, TKD sells Kennedy Arcade/Estm. consolidated profit for 2007/08 of min. DKK 240m after tax and min. interests
| Source: Agat Ejendomme A/S
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