Fabege AB (publ) has signed an agreement for the acquisition of Duvan 6 and Oxen Mindre 33, two properties in the inner city of Stockholm. The purchase price is approximately €77 million (SEK 775 million) and the seller is Whitehall Funds.
The properties are located on Klara Södra Kyrkogatan and Luntmakargatan/Malmskillnadsgatan and have a total lettable area of 21,800 m², primarily office space. The rental value is approximately €6.6 million (SEK 67 million). Fabege will take possession of the properties on 25 August.
"Through this acquisition we strengthen our portfolio in the inner city of Stockholm with two interesting properties with development potential", Erik Paulsson, Fabege's CEO, says.