30 oktober, 2017

Public sector portfolio deal in Sweden

Vänerparken

Pangea adviser to Intea Fastigheter when acquiring Vänerparken

Last week, it was announced that Intea Fastigheter acquires Vänerparken, a large city district in Vänersborg. The area is located between the central station and the channel comprising four properties (15 buildings) with a lettable area of 39,000 sqm, plus 113,200 sqm land. The properties have a rental value just above SEK 53 million with public sector tenants accounting for 95 percent.

Pangea was buy-side adviser to Intea Fastigheter in the transaction. So far in 2017, we have advised on more than 35 transactions with an underlying property value above SEK 12 billion.

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