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