Swedish Heiress Breaks Price Records for Stockholm Townhouse

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Wednesday 16:24 GMT

Swedish billionaire heiress Katarina Martinson bought the pricey house in the Swedish capital from magazine publisher Allers Media, which had used the three-story property as offices, according to the purchase agreement signed by the heiress and Allers CFO Monica Hansson.

Sweden recorded one of its most expensive residential sales ever this past week, with a 100-year-old townhouse in the high-end Östermalm area of Stockholm trading hands for 125 million kroner (US$15 million).

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