The seller is SPP Fastigheter and transfer is scheduled for 1 June 2022. The property is approximately 500 metres from Malmö Central Station and consists of an office building of seven to eight storeys, with a large garage shared with the neighbouring property. The tenant, Sweco Sverige AB, currently has the entire property at its disposal. The underlying property value is SEK 390 million and the acquisition was completed using a corporate wrapper.

“The acquisition of Österport 7 further strengthens our position in central Malmö. The area is also under constant development, not least through the coming growth in Nyhamnen. This property has an attractive location, interesting volume and, above all, a design that provides flexibility and sustainability over time,” says Ulrika Hallengren, CEO of Wihlborgs.