29 august, 2016

Portfolio sale in Northern Sweden

In early July, Lilium acquired a portfolio with 13 car inspection sites and one hardware store in Northern Sweden. The portfolio had a lettable area close to 11,000 sqm and a total land area of 129,300 sqm. The sites were located in several cities such as Boden, Haparanda, Kalix Kiruna, Luleå, Piteå and Umeå.

Pangea Property Partners was advising the seller in the transaction, a local property company. We have now advised on 12 transactions with focus on Northern Sweden so far in 2016. Our clients have been both municipalities and private companies such as Castellum, Intea Fastigheter, Mitthem, Skebo, Östersundshem and several local property investors.

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