Vasakronan has during the last 10 years developed an attractive district at Telefonplan with a mixture of businesses and apartments. In the southwest corner a new detail plan is now ready for an additional 35,000 sqm.
“We look forward to developing really nice residential neighborhoods at Telefonplan, for HSB’s home-savers. The area is trendy and we want the apartments to contribute to increasing the areas popularity further. The property currently contains a parking garage as wells as ground parking. HSB Bostad plans on colonizing the property with among others a 16-floor tower block and two residential blocks with elements of townhouses”, says Jonas Erkenborn, CEO of HSB Bostad.
JLL was Vasakronan’s advisor.
Vasakronan Sells – HSB Constructs Apartments
Sweden —
Vasakronan sells a part of the Telefonfabriken 1 property at Telefonplan in Stockholm for MSEK 721 (€78M). The buyer is HSB Bostad, who is going to build 480 apartments in three quarters on the property.
2016-05-13
Nicklas Tollesson
[email protected]