Through the purchase Fastighets AB Stenvalvet establishes in a new municipality. The largest tenant in the property is Strängnäs Municipality, that allocates 99 percent of the property, mainly for their high school.
The property acquisition is one of Stenvalvet’s largest investments since the company started in 2010.
“Strängnäs is one of the cities in Mälardalen where we have been looking for investment possibilities for a longer period of time. We hope that the municipality sees Stenvalvet as a natural partner as long term owners and developers of facilities for education and care,” says Sara Östmark, Business Development manager at Stenvalvet.
“We are happy to sell to such a well renowned company as Stenvalvet, that will continue the development of the property,” says Fredrik Linderborg, CEO at Vacse.
The seller’s advisor in this transaction was Falkenborn Advokatbyrå and Catella Corporate Finance.
Stenvalvet Purchases from Vacse
Sweden —
Stenvalvet purchases the 30,000 sqm social property Eldsund 6:6 in Strängnäs from Vacse for EUR 53M.<br />
2017-05-26
Maria Olsson Äärlaht
[email protected]