The sky scraper Hötorgsskrapan at Sergels Torg in Stockholm.
Image: Johan Strindberg
Sweden —
Wallenstam has signed an agreement on the acquisition of the scraper next to Sergels Torg square, number 5 of the Hötorget scrapers, and is thereby starting a new venture in the commercial segment in Stockholm's CBD. The transaction price is SEK 2.8 billion (EUR 255 million).
The property now being acquired from AMF Fastigheter will be refined and modernized both internally and externally, to create very attractive premises for offices, retail and restaurants.
The Stigbygeln 5 property consists of 21 floors with total floor space of just over 16,000 sqm. The purchase price for the property is based on a property value of SEK 2.8 billion and taking of possession will occur in January 2025.
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