Svenska Handelsfastigheter Purchases for Half a Billion from Standard Life

Sweden Sweden Svenska Handelsfastigheter acquires a portfolio of seven retail properties for a purchase price of EUR 54M, from Standard Life Investment European Property Growth Fund, EPGF.

2017-06-09

Share via e-mail

The properties are located in five cities; Falun, Västerås, Gävle, Huddinge and Kungsbacka, with a total leasable area of 31,100 sqm.
 
Multiple properties are located near local retail areas that contribute to a customer flow; Erikslund in Västerås, Hemlingby Köpcentrum in Gävle, Kungens Kurva in Huddinge, Hede Fashion Outlet in Kungsbacka and by the barracks area in Falun.
 
Through the acquisition Svenska Handelsfastigheter establishes themselves in two additional cities, Västerås and Kungsbacka.
 
“It is an interesting acquisition since we se development possibilities in many of the properties,” says Staffan Unge, Business Development Manager at Svenska Handelsfastigheter.
 
Possession will be taken on June 19th 2017.
 
The law firm Glimstedt was the buyer’s advisor while JLL and Linklaters was the seller’s advisors. 




Maria Olsson Äärlaht
maria@lokalnytt.se
fastighetssverige.se




Triuva Acquires Office Building in Stockholm

Sweden Sweden Pan-European institutional real estate investment manager Triuva has acquired a 6,700 sqm office building, Lammet 17, in central Stockholm from Slussgården, a subsidiary of SKL Fastigheter and Service AB.


NCC to Build 644 Apartments in Uppsala

Sweden Sweden NCC has been commissioned to construct an additional 644 apartments in central Uppsala for Magnolia Bostad. The construction assignment marks the second phase of the Senapsfabriken property block. The order value is approximately EUR 67M.

Skanska Builds Rental Apartments in Stockholm

Sweden Sweden Skanska has signed an agreement with Familjebostäder to build a block consisting of 178 rental apartments in Stockholm. The contract is worth about EUR 41M.

Akelius Sells for EUR 391M

Sweden Sweden Akelius has agreed to sell 61 properties in Helsingborg to Willhem and Folksamgruppen.

Hemfosa Acquires Large Portfolio in Halmstad

Sweden Sweden Hemfosa has signed an agreement to acquire a portfolio of ten properties located centrally in Halmstad for an underlying property value of EUR 109M.


Heimstaden Acquires 1 601 Apartments in Umeå

Sweden Sweden Heimstaden has purchased 1 601 apartments from Bostaden in Umeå.

Intea Acquires for EUR 113M in Kalmar

Sweden Sweden Skanska has divested three buildings at Linnaeus University in Kalmar, Sweden, to Intea Fastigheter.

European Fund Makes Acquisition In Sweden

Sweden Sweden In a sale and purchase agreement with the European property fund Kildare Partners, Kungsleden is selling 18 industrial and warehouse properties in 13 municipalities at a total sales price of MSEK 882 (EUR 81M) before deduction for deferred tax.

Förvaltaren Sells for EUR 64M

Sweden Sweden Förvaltaren in Sundbyberg, Stockholm, has sold the property Terränglöparen 9 in Hallonbergen to the housing cooperative Terränglöparen 9 for a conversion to condominiums.

Skanska Invests EUR 44M in New Office Building in Malmö

Sweden Sweden Skanska invests about EUR 44M in the office project Epic in Malmö, Sweden. The office building will be six stories high with a total leasable area of around 17,000 square meters.