Balder acquires the property Lorensberg 55:15, which contains 38,000 square meters of hotel, retail and offices along Kungsportsavenyn in central Gothenburg. The largest tenants are Scandic, Coop, HM, KappAhl, Intersport among others. The property is environmentally certified according to Miljöbyggnad Gold. The property will be taken over during the fourth quarter of 2019.

Balder also acquires a building right in central Gothenburg that enables the construction of approximately 290 apartments comprising a gross floor area of 23,000 square meters. We expect that construction will begin in 2020 and be completed in 2022-2023.

Seller is Skandia Fastigheter.