Swedish Artmax acquires One Sovereign Street from Gatehouse Bank for GBP 50M.
Swedish-based Artmax keeps expanding their horizons. In September they acquired the office building The Observatory in central Manchester. Kristoffer Ultenius, CEO of Artmax, tells Nordic Property News of the new expansion plans for Sweden – and where in Norway they want grow.
Citycon has entered a deal with Artmax regarding the divestment of the Åkermyntan shopping center in Stockholm. Furthermore, Citycon has developed and sold adjacent construction rights of approximately 7,000 square meter apartment buildings to a property developer.
The Victoriapassasjen property in Oslo has been sold to Swedish Artmax for EUR 32M.