Dios has divested two properties in Sundsvall and Umea in two transactions, with a total leasable area of 15,100m2. The sales price amounts to c. €18.9m. The transfers of ownership will take place in April 2024.
In Sundsvall, the fully leased property Skonsberg 1:73, containing light industry, offices, and a gym, is being divested to the buyer Hjertman Fastigheter AB. In Umea, the property Stipendiet 2 is divested to the buyer Larkstaden in collaboration with the local real estate company Lerstenen. The property includes premises for retail, restaurant, and residential use. The annual rental value for both properties amount to c. €2m, and the economic occupancy rate amounts to 99%. The transactions are conducted in corporate form and will be reported in the second quarter of 2024.
“During the first quarter of the year, we have completed five property transactions, which indicates that the transaction market is starting to pick up. We continue to focus our portfolio on office properties, fully in line with our portfolio strategy. Both Hjertman Fastigheter and Lärkstaden are long-term property owners with a strong vision for both the properties and the neighborhoods, which makes them excellent buyers,” said Annie Franzon, Head of Transactions, Dios.
“We are very pleased to strengthen our presence in Skonsberg. It is a well-maintained property that complements our portfolio and provides us with the right conditions to become an even more active player in the development of the neighbourhood,” said Sten Hjertman, Hjertman Fastigheter AB.
“Umea is a city with strong growth and we see significant potential in both the property and the area. Through this acquisition, we enhance our presence in the city, and we look forward to getting to know both Alidhem and our new tenants,” said Rickard Danielsson, Partner, Larkstaden.
Image source - Cision.
Europe Real Estate — an overview of real estate developments in European countries.