Sthlm Hub, at Vasagatan, is located close to the central station in Stockholm’s CBD. The property comprises approximately 6,000 sqm of offices and retail space.

Savills has been assigned to property manage Union Investment’s latest acquisition in Stockholm, Uggleborg 14, also known as Sthlm Hub.

Savills property management team in Stockholm will commence the property management on June 20th.

"We selected Savills for this mandate as we have a great deal of confidence in their management model and team," says Volker Noack, Union Investment Real Estate GmbH.

"We look forward to continuing to develop our cooperation with Union Investment, and through strategic management of Sthlm HUB, deliver great results for our client,” says Anders Nyström, Head of Savills Sweden. 

Cushman & Wakefield was the advisor to Mengus in the transaction.