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ARTICLES TAGGED WITH "AMF Fastigheter"

AMF Fastigheter acquires another office property in central Stockholm

Sweden Sweden — AMF Fastigheter continues to grow in the Södermalm area of Stockholm and buys the iconic Tobaksfabriken. The company previously owned the neighboring property Tobaksmonopolet, which is full of creativity and is home to designers, furniture manufacturers and interior designers, among others. The seller is a fund managed by CBRE Investment Management and the purchase price amounts to just over SEK 1.5 billion (EUR 131 million).

AP7's targets for the property portfolio – after the new investment in Urban Escape

Sweden Sweden — AP7 is taking a new step in its real estate investment and purchasing an additional stake in Urban Escape for approximately SEK 3.57 billion (EUR 311 million). Maria Björklund, Portfolio Manager within real estate at AP7, tells Nordic Property News about her view on future real estate investments, how she wants to build her portfolio and the development of the partnership with AMF.

AP7 increases its stake in Urban Escape

Sweden Sweden — In May 2023, AMF and AP7 agreed to co-own the city district Urban Escape, which includes Gallerian. The deal, which was then classified as the largest real estate deal of the year, was the start of a strategic partnership with the aim of creating even more value for Sweden's pension savers. Now, the collaboration is further strengthened with AP7 exercising its option to acquire an additional 16.6 percent of the shares in the company.

After the major purchase from Balder – AMF Fastigheter ready for more acquisitions

Sweden Sweden — After double major sales, AMF Fastigheter strikes with a billion-dollar acquisition in Stockholm when it buys Göta ark on Södermalm from Balder. AMF Fastigheter's transaction manager Fredrik Ronvall tells Nordic Property News about the plans for the acquired property, how they want to continue growing and where they are looking for new acquisitions, as well as the possibilities for expansion outside of Stockholm.

Balder divests site leasehold right in Stockholm to AMF Fastigheter

Sweden Sweden — As of 21 November, Fastighets AB Balder has divested the site leasehold right Göta Ark 18 at Medborgarplatsen in Stockholm to AMF Fastigheter. The transaction is based on a site leasehold right value of SEK 1 billion (EUR 86 million) and AMF Fastigheter will take possession in the beginning of January.

AMF Fastigheter CEO on the unexpected divestment: "We don't want to grow too much"

Sweden Sweden — The iconic 5th Hötorgshuset, which has been in AMF Fastigheter's ownership for nearly 30 years, is being divested to Wallenstam for SEK 2.8 billion, approximately EUR 0.26 billion. CEO Thomas Erséus explains that the sale is being made as part of AMF Fastigheter's work to strengthen the conditions for developing more locations and urban spaces. At the same time, the CEO has previously expressed that they had big plans for the property. He explains why they have now chosen to sell three large pieces in the Stockholm CBD.

Wallenstam buys scraper from AMF Fastigheter in blockbuster deal

Sweden Sweden — Wallenstam has signed an agreement on the acquisition of the scraper next to Sergels Torg square, number 5 of the Hötorget scrapers, and is thereby starting a new venture in the commercial segment in Stockholm's CBD. The transaction price is SEK 2.8 billion (EUR 255 million).

Major office property transaction in Stockholm – Folksam's KPA Pension buys from AMF Fastigheter

Sweden Sweden — KPA Pension, which is part of the Folksamgruppen, has acquired the Mentorn 1 property in central Stockholm for SEK 3 billion (EUR 259 million), which makes it this year's largest deal so far on the Swedish market. The property has an attractive location close to Central Station and the seller is AMF Fastigheter.

Coworking for game developers opens in Stockholm

Sweden Sweden — Game Town opens in AMF Fastigheter's Fatburen, Stockholm's first co-working for game developers. Game Town will become a creative, innovative and social meeting place for game developers in Stockholm and contribute to further consolidating Södermalm as a hub for the industry. Game Town will also be a base for the industry organization Dataspelsbranschen (the Computer Games Industry).

Thomas Erséus: "More rotation of AMF's properties in the future"

Sweden Sweden — Nordic Property News reporter on site in Cannes had a conversation with AMF Fastigheter's CEO Thomas Erséus about the state of the market, the status of the profile projects and what can await the company in the future, which may contain selling more properties.

Söderberg & Partners takes over Wework's premises in Urban Escape

Sweden Sweden — Söderberg & Partners becomes a new tenant in the Urban Escape neighborhood in Stockholm. They take over the entire Trollhättan 29 property next to Brunkebergs torg, with a total of 11,088 square meters of leased space.

Volvo Cars extends its lease with AMF Fastigheter

Sweden Sweden — Volvo Cars has been a tenant in the property Oxen Större 21 in the the Mood block in Stockholm since 2019. Now the agreement is being extended.

AMF Fastigheter's Goals for its First Joint Venture

Sweden Sweden — The biggest acquisition of the year in Sweden is underway. This time it is the pension administrators AMF and Swedish pension giant AP7 who join forces in a joint deal for one of the country's most attractive locations, with a price tag of 7.4 billion SEK. "For us, it was important to continue to be the majority owner," says AMF Fastigheter's CEO Tomas Erséus to Nordic Property News.

Blockbuster Transaction in Stockholm: AMF and AP7 Form a JV Company

Sweden Sweden — AP7 and the occupational pensions company AMF form a joint venture company that will become owner of the Urban Escape city block in central Stockholm. AP7 will own one third of the new joint company.

Castellum Divests Properties in Stockholm for MSEK 962

Sweden Sweden — Castellum divest the properties Marievik 27 and Marievik 30 to AMF Fastigheter for SEK 962 million, of which SEK 80 million will be paid when the new detailed development plan becomes legally binding. Underlying property value which is in line with book value, amounts to MSEK 962 with a market deduction for deferred tax.

AMF Fastigheter Leases 1,700 sqm in Stockholm

Sweden Sweden — AMF Fastigheter has signed a lease with The Park covering approximately 1,700 square meters of coworking space in expansive Marievik.

AMF Makes Large Office Purchase from DWS

Sweden Sweden — AMF Fastigheter strengthens its holding in Marievik with the acquisition of the office property Marievik 28 from DWS.

Volvo Cars Establishes Global Tech Hub in Stockholm

Sweden Sweden — AMF Fastigheter has signed a renewed lease agreement with Volvo Cars, which is expanding its current office space from 2,000 to 7,000 square meters in the Mood District in central Stockholm.

New Change in the Swedish Heavyweight's Corporate Management Group

Sweden Sweden — After the change in CEO – another change in the group management team for the Swedish heavyweight.

KPA Pension Acquires Three Stockholm Properties for SEK 2.14 Billion

Sweden Sweden — AMF Fastigheter sells three properties in the city of Stockholm of just over 14,000 square meters to KPA Pension, part of the Folksam Group, for approximately SEK 2,140 million.

Why AMF Fastigheter Chose Thomas Erséus as New CEO

Sweden Sweden — After twelve years with Mats Hederos at the helm, the AMF Fastigheter ship will have a new captain at the turn of the year as Thomas Erséus assumes the role of CEO. Chair of the Board Katarina Romberg tells Nordic Property News why Thomas Erséus is the right person to lead the company forward and which will be the focus points for the company going forward.

Thomas Erséus Appointed New CEO of AMF Fastigheter

Sweden Sweden — Thomas Erséus, current CEO of Almega, will take the helm as CEO of AMF Fastigheter at the turn of the year. He succeeds Mats Hederos, who has chosen to enter retirement.

Avicii Experience Opening in Stockholm 2021

Sweden Sweden — Avicii Experience is a tribute museum opening to fans and the public in Stockholm next year. Avicii Experience will be an intensively emotional tribute to one of the true icons of modern popular culture. The museum will be located in one of AMF Fastigheter's properties.

Areim Purchases Office Property from AMF Fastigheter

Sweden Sweden — Areim has acquired the property Ångtvätten 22 on the island Stora Essingen in Stockholm from the life insurance company AMF Fastigheter.

Why It Is Important for Property Owners to Be a Part of Coworking

Sweden Sweden — AMF Fastigheter’s CEO Mats Hederos on how he wants to change Stockholm and the collaboration with Wework and other coworking investors.