Sveafastigheter divests school property in Vällingby Parkstad to Hemfosa

Sveafastigheter Sverige I and Sveafastigheter Fund II (”Sveafastigheter”) has signed a binding sales and purchase agreement with Hemfosa regarding divestment of the properties Häftklammern 9 and Vattenfallet 16 in Vällingby Parkstad. The properties, which are embracing a total of 5,200 sqm, are fully leased to Pysslingen Skolor on a 15-years lease agreement.

The properties, which are under development to school facilities, were previously part of Vattenfall’s headquarters. Handover is planned for 1 July 2015, when the development is completed.

1,400 new residential apartments are being developed within Vällingby Parkstad, along with service facilities, work places, meeting places and green areas.

- Sveafastigheter has been working actively with the development of Vällingby Parkstad since 2006. The school is an important part of the new area, so we are glad to handover the asset management to such a long-term and stable owner as Hemfosa, says Erik Widmark as Sveafastigheter.

For comments and further information, please contact:

Eric Widmark, Partner Sveafastigheter, phone +46 8 545 075 06, erik.widmark@sveafastigheter.se
Johan Tengelin, Partner and CEO Sveafastigheter, phone +46 8 545 075 14, johan.tengelin@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 billion. Its latest fund, Sveafastigheter Fund III, has EUR 317 million of equity commitments.
www.sveafastigheter.se

Sveafastigheter is the investment management arm of Brunswick Real Estate - a group of market leading companies within corporate finance, transactions, investment management and debt financing focusing on real estate in the Nordics.
www.brunswick-re.com