Sveafastigheter divests five properties in Åkersberga

The Property Fund Sveafastigheter Fund II has divested five properties in Åkersberga, Sweden with a leasable area of approximately 7,700 sqm.

 Sveafastigheter acquired the properties in 2007 and divested them in December 2013 to a Swedish private real estate company, which takes possession in January 2014.

- The divestment of the properties in Åkersberga is an example of Sveafastigheter’s stragety to actively develop properties through local asset management, says Erik Widmark på Sveafastigheter. The portfolio is almost fully let, so it is time to hand over to long term management.

Nordier Property Advisors and Kilpatrick Stockton have acted as advisors for the seller.

For comments and further information, please contact:

Eric Widmark, Director, Stockholm, Sveafastigheter, phone +46 8 545 075 06, erik.widmark@sveafastigheter.se
Johanna Skogestig, Head of Investments Sweden, phone +46 8 545 075 71, johanna.skogestig@sveafastigheter.se

Sveafastigheter

Sveafastigheter is a leading Nordic property fund manager. The company was founded in 2003 and currently manages assets in Sweden, Finland, Denmark and Estonia worth in total EUR 1.3 billion. Its latest fund, Sveafastigheter Fund III, has EUR 317 million of equity commitments.

Sveafastigheter has offices in Helsinki and Malmö.

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