The sale was completed on behalf of Invesco Real Estate's flagship European strategy. The asset's development, repositioning, and divestment were executed in partnership with Invesco Real Estate’s local collaborator, Fokus Nordic.
Originally constructed in 1974, the property was acquired by Invesco Real Estate in February 2019. Between 2020 and 2024, the company undertook a full redevelopment and expansion, transforming it into a premium office building, setting a new benchmark in its category.
Known as FENIX, the 20,543 m² building is fully leased to 10 tenants and offers an extensive range of amenities, including a gym, restaurant, delicatessen, rooftop bar, and conference facilities. Certified with BREEAM “Excellent” and an EPC B energy rating, the building was the first in Scandinavia to achieve WiredScore Platinum certification.
