Corem Acquires from Stendörren

Sweden Sweden Corem buys 19,100 square meters in Veddesta, Stockholm, from Stendörren for MSEK 325.

2018-10-22

Share via e-mail

Corem expands its real estate portfolio in Region Stockholm through acquisition of the property Veddesta 2:43 in Järfälla municipality. The property comprises more than 19,100 square meters of rentable area, with mixed use for offices, production and warehouses. The property is rented to a number of tenants, with an average rental period of more than ten years. Total annual rental value is approximately MSEK 29 and initial rental rate 91 percent. The seller is Stendörren.

The transaction is made as a company acquisition at an underlying property value of MSEK 325 million, with access on November 15.

"It feels good to be able to make another significant acquisition in Region Stockholm. The development in Veddesta looks exciting and, as an already established player in the area, we create a fantastic management unit. With this acquisition, we manage close to 90,000 square meters of premises within a square kilometer in Veddesta," says Eva Landén, CEO of Corem.

"During our ownership, we have actively developed this property and created an attractive office and industrial property while at the same time meeting the tenants' wishes to grow. This means that we now sell a property with completely different conditions than before. We have completed our business plan and now hand over the ownership to Corem," says Stendörren's CEO Fredrik Brodin.




Axel Ohlsson
axel@nordicpropertynews.com




Skanska Develops and Sells Hotel to LKAB

Sweden Sweden Skanska develops and builds a new hotel in central Kiruna, Sweden, with Scandic hotels as operator. The hotel is sold for MSEK 500 (EUR 49M) to LKAB that will take over the building at the completion in the autumn 2021.


Catella Adds Wilner Anderson

Sweden Sweden Catella strengthens their retail offer by adding former the Agora and Steen & Strøm CEO as a Senior Advisor.

Bonava Acquires Land in Västerås

Sweden Sweden Bonava has concluded an agreement for the acquisition of land from the municipal property company Mimer at Öster Mälarstrand in Västerås, Sweden. The site is located in an area where Bonava will construct about 550 housing units. Construction is scheduled to commence in 2019.

Brunswick Divests Grocery Store Portfolio

Sweden Sweden Brunswick Real Estate, on behalf of Sveafastigheter Fersen II AB, has divested a 50-property portfolio to the listed property company Tre Kronor. Total gross asset value amounts to MSEK 903 (EUR 87M).

Regio Makes Large Gothenburg Acquisition

Sweden Sweden The Brunswick company Region has acquired eleven properties with a total rentable area of ​​38,000 sqm in Sisjön, Gothenburg, from Alaska Fastigheter.


The Next Chess Move on the Swedish Advisory Scene

Sweden Sweden After just months at Savills he left the company in conjunction with Savills' creation of their new superteam. Now Robert Treutiger has a new advisory job at Nordier. He tells Nordic Property News of leaving Savills and of his new position.

The Targets for Nyfosa

Sweden Sweden Hemfosa subsidary Nyfosa presents objectives, financial risk limitations and dividend policy.

Catena Invests in Helsingborg

Sweden Sweden Catena is now investing MSEK 101 in a second stage at the Tostarp logistics position in Helsingborg.

”A Threat Against Stockholm”

Sweden Sweden Tomas Hermansson, CEO of Bonnier Fastigheter, tells Nordic Property News what he sees as a possible threat to the Stockholm market.

Diös Buys in Östersund

Sweden Sweden Diös acquires three properties near the travel center in Östersund.