- Landic Property hf. acquires stakes in property funds


Landic Property hf. has acquired stakes in international property funds from FL
Group. The funds are Prestbury, Lxb, Catalyst Capital, Terra Firma and WCC
Europe. The transaction value is ISK 20.6 billion and is financed with a five
year sub-ordinated convertible loan. 


For further information, please contact Corporate Communications

Guðrún Ögmundsdóttir, 
Tel. + 354 575 90 21 /  + 354 860 77 72

Páll Benediktsson
Tel. + 354 575 90 31 /  + 354 895 6066