The sale of Karlatornet is being postponed
Completion of the sale of Karlatornet, which was due to happen within days, is being postponed. The reason is the uncertain situation in the global financial market caused by the corona pandemic. Consequently, Serneke will minimalize all activities in the construction of the tallest house in the Nordic region.It was mid-January of this year that Serneke and Oaktree Capital Management reached a principle agreement to divest 80-percent of Karlatornet, situated on the Karlastaden estate in the Lindholmen area of Gothenburg. Since then, a process of finalizing senior financing and transaction