Borgestad completes sale — leaseback of Swedish production properties to Bjuv municipality
Borgestad completed a sale-leaseback of two Swedish properties housing its refractory production plant and related facilities. Bjuv municipality acquired the assets via purchase of all shares in Höganäs Bjuf Centrumsfastigheter, following an internal transfer from Höganäs Bjuf Fastighets. The group will lease the produ