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ARTICLES TAGGED WITH "AP7"

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.

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.

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.

Swedish Pension Giant AP7 to Make Acquisitions for EUR 6.3–7.4 billion

Sweden Sweden — Swedish pension giant AP7 has stepped into the property industry through a major deal with AMF. After acquiring 33 percent, equivalent to SEK 7.4 billion (approximately EUR 674M), of a JV company that owns the Urban Escape block, Per Olofsson, acting Head of Asset Management at AP7, tells Nordic Property News about the big investment, the company wants to invest going forward, what type of partners AP7 sees itself working with, what kind of properties are of interest and about expanding abroad.

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.