Two of the properties are located in Jordbro and the third in Vårberg.
The properties are estimated to generate annual rental income of MSEK 85 (€9M).
Seller is Patrizia Wohn Invest Kapitalverwaltungsgesellschaft mbH for the account of the German special fund Patrizia Euro City Residential Fund I.
The acquired portfolio consists of 1009 apartments and a total lettable area of 93000 sqm.
The two properties in Jordbro are located adjacent to D. Carnegie & Co’s existing portfolio in the area.
- These are exactly the kind of properties that D. Carnegie & Co is interested in acquiring. Attractive locations, low current rent levels and with a strong potential for further development and thus improved NOI, says Ulf Nilsson, CEO of D Carnegie & Co.
Closing is expected to occur in July.
Catella in Stockholm acted as advisor to Patrizia.
Patrizia Divests Three Properties in Stockholm
Sweden —
D Carnegie & Co – listed on Nasdaq First North Premier in Stockholm – has acquired three properties in the Greater Stockholm region from German Patrizia.
2015-04-16
Nicklas Tollesson
[email protected]