The property is located in central Södertälje and encompasses 16,900 sqm and a 281 spot parking garage.
“We are very happy that Stadsrum Fastigheter has gotten the opportunity to acquire Tellus 5 from Telge Fastigheter. The property consists of multiple parts, such as the department store Kringland, offices, healthcare, service, apartments and a developable area by Marenplan” says John Strand, Head of Transactions at Stadsrum Fastigheter.
“Stadsrum Fastigheter wants to develop and refine the property and actively contribute to the creation of an attractive city center in Södertälje. It is an ambition that we assess as positive for both tenants and local population” says Yilmaz Kerimo, Chairman at Telge Fastigheter (S).
Possession will be taken on June 29th.
Stadsrum Purchases in Södertälje
Sweden — Stadsrum Fastigheter purchases the Tellus 5 property in Södertälje, from Telge Fastigheter. The agreement is conditioned upon the lawful decision of the Södertälje municipality council.