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A consortium of banks, including the Royal Bank of Scotland, has taken control of the majority of Boultbee s Swedish assets.
A new management board was this week put in place to look after Boultbee's CentrumKompaniet portfolio, a collection of 10 shopping centres in Stockholm, which the UK-based investor bought from the Stockholm municipality for more than^850min20O7.
The board is being led by restructuring and insolvency lawyer Lars Sotierqvist.
Boultbee co-founder Steve Boultbee- Brooks said the company...