3 april, 2018

SEK 8.7bn public bid on Victoria Park

VP

Pangea Property Partners financial adviser to Starwood in the transaction.
At end of last week, Starwood Capital Group announced a public bid on Swedish listed mid cap property company Victoria Park. The offer is SEK 34.4 in cash per each class A and class B share and SEK 315.0 per each preference share in Victoria Park, representing a total bid value of approximately SEK 8,680 million. Six major shareholders representing 22.2 percent of the shares and 31.5 percent of the votes in Victoria Park have signed irrevocable undertakings to accept the offer.

For more information, please see press release here

 

Til nyhetsarkiv
3 December, 2018

Another logistics deal in Örebro

Conficap has sold a logistics site in Pilängen, an established industrial area south-west of Örebro, to a new investor consortium. The logistics site has a lettable area of about 19,200 sqm and is fully let to Onninen, part of the Kesko group. In addition, the site comprises some 170,000 sqm outdoor storage, parking and undeveloped land.

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12 November, 2018

Sale of residential project

Arwidsro sells Smedjan 8 in Malmö to property developer I Am Home. The property is located in Norra Sorgenfri, a major development area close to the inner city, and comprises about 28,000 sqm of residential building rights. I Am Home plan to develop 440 rental apartments on the property that will be sold to Heimstaden when completed in 2020-2021.

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5 November, 2018

Starwood selling to Stendörren

Starwood Capital Group, with Scius as local partner, sells Åkerby 8 in northern Stockholm to Stendörren for SEK 110 million. The property comprises approximately 9,700 sqm of office, storage and light industrial premises. Åkerby 8 is located next to the large urban development area Täby Park and offers interesting long-term development opportunities.

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29 October, 2018

Pangea adviser to Stendörren in sale to Corem

Stendörren sells office and industrial property Veddesta 2:43 in northern Stockholm to Corem for SEK 325 million. The property comprises six connected buildings with a total lettable area of about 19,100 m². The average remaining lease term is just above 10 years and the occupancy rate is 91 percent.

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