Sveafastigheter in co-operation with Scius regarding investment management

Sveafastigheter has entered into a co-operation agreement with Scius Partners regarding sourcing, execution and management of opportunistic property investments in the Nordic and Baltic markets.  

Scius will work exclusively with the Sveafastigheter team on investments in the value add to opportunistic space in the Nordic and Baltic property markets. Scius will continue its assignments in other segments of the property market. The agreement initially runs until the end of June 2012, but both parties are open to developing the co-operation beyond that. The three partners of Scius will strengthen Sveafastigheter within Accounting, Tax and Investor Relations (Per Johannesson) and Investment Management (Joen Siggelin and Mikael Freudmann).

– We continuously look to strengthen our organisation. We have identified Per, Joen and Mikael as three of the most distinguished real estate professionals in Sweden outside of the Sveafastigheter organisation. They will contribute, in the short term, greatly to the investment activities of our third fund and hopefully, in the long term, to the development of our business, says Simon de Château, partner and CEO of Sveafastigheter.

- We have known Sveafastigheter for some time and are looking forward to work with them. From a business perspective their excellent track record in Investment Management makes the co-operation interesting, but also their corporate culture which we see fit well with Scius Partners’ values, says Mikael Freudmann partner at Scius Partners.

About Sveafastigheter

Sveafastigheter is a leading Nordic private equity firm focusing solely on real estate investments. The first opportunistic real estate fund, Sveafastigheter Sverige I, was launched in 2003. In 2006 Sveafastigheter launched its second fund Sveafastigheter Fund II, and Sveafastigheter Fund III was closed in February 2011 with €317 million in total commitments, which makes it one of the largest European real estate funds closed in 2011.

Sveafastigheter is based in Stockholm with offices in Helsinki and Malmö.

For comments and further information, please contact:

Simon de Château, Partner and CEO at Sveafastigheter, direct +46 8 545 075 01        

simon.de.chateau@sveafastigheter.se

Mikael Freudmann, Partner at Scius, direct +46 8 410 577 51        

mikael.freudmann@scius.se

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