10 juni, 2019

Retail deal in Trelleborg

Pangea adviser to Point Properties in the acquisition of Galleria Valen

Skandia Fastigheter sells the property Valfisken Större 45 in central Trelleborg to Point Properties, a wholly owned subsidiary to Fastator, for SEK 222 million. The retail property is known as “Galleria Valen” and has a lettable area of approximately 17,200 sqm, also including offices, residentials and garage. Some of the largest tenants are ICA, KappAhl, Clas Ohlsson, MQ, Intersport and Fitness24Seven.

Pangea Property Partners was buy-side adviser to Point Properties in the transaction. Altogether, we have advised Point Properties on six separate acquisitions of centrally located retail properties in Swedish regional cities in 2018 and 2019.

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