Built in 1967 and extensively modernised in 2016, the building has been part of the portfolio of the UniImmo: Global open-ended real estate fund since 2017.
The office property is located in the heart of Stockholm's city centre, close to the central railway station. The submarket is one of the most sought-after office locations in the Swedish capital. Due to its central location, the property has excellent transport connections and is surrounded by numerous urban gastronomy, retail and service outlets. The property has a lettable area of approximately 5,900m2 and is currently 86% let. The property has a BREEAM in-Use Excellent certification.
Union Investment was advised on the transaction by JLL and Linklaters Stockholm.
(source:europe-re.com)