Peab and Fabege sell property in Kungsholmen (Stockholm) for SEK 842 million
Peab and Fabege are selling their jointly owned (50/50) property Paradiset 29 on Lindhagensgatan in Stockholm to cross-border investment manager, Invesco Real Estate for one of their pan-European fund mandate.– The real estate has been developed with proper sustainable construction technology and it has stable, attractive renters. This project has fit hand-in-glove with our business concept of using our experience and expertise to develop and improve areas and buildings,” says Peab’s Deputy CEO Mats Leifland. The property is being sold as a company with an underlying property value of SEK