The building was constructed in 2009 and the premises are modern and flexible. The leasable area is approximately 18,000 square meters and occupancy will take place on September 2, 2024.

"We at Folksamgruppen are continuing our long-term and strategic expansion of our property portfolio through an acquisition in the middle of central Stockholm. The property is located near an existing owned property, Blekholmen 4, also called Kungsbrohuset or Schibstedhuset. We see great synergy effects in our management and strengthened opportunities to offer the market and our customers attractive premises in the best possible location. Folksamgruppen's focus on high-quality office properties in attractive locations will be further increased. The property will be integrated into our systematic work to achieve high sustainability performance our climate goals," says Jonas Bjuggren, property director at Folksamgruppen.

"The real estate market has been waiting for a period with low transaction volumes as a result. We now see that the wheels have started to turn again. This transaction is confirmation that today there is a good demand for modern office properties in attractive locations in Stockholm's inner city," says Fredrik Ronvall, head of property investments at AMF Fastigheter.

KPA Pension's task is to provide employees in municipalities and regions with a secure pension through long-term investments that contribute to sustainable social development. The acquisition of the Mentorn 1 property is a good example of how KPA Pension creates value and even better conditions for good returns and pensions for customers for many years to come.