It is the Diktaren 1 property in Solna that is being sold at an underlying property value of MSEK 410. The property is located in the residential area Ingenting in Solna and was originally built in 1965 to house the Police Academy but was converted to offices in the 1980s.
During 2020/2021, the property underwent an extensive renovation with the goal of re-adapting it for school activities. The property covers 6,400 square meters and has been fully leased to the International English School since 2021 with a contract duration of 15 years.
The deal was agreed in November 2021 and the buyer took office on October 3.