Pan-European institutional real estate investment manager TRIUVA has acquired a 6,700 m² office building Lammet 17 in central Stockholm from Slussgården, a subsidiary of SKL Fastigheter and Service AB.
Jörg Laue, Director of Investment Management at TRIUVA, said: “This is TRIUVA’s first deal in the Nordic markets for a long time, but we’ve been looking for the right opportunity to come along because we continue to see great growth potential in the region and so are seeking further deals. We are very pleased to be buying an asset in such a strong CBD location that offers the potential to lift rental income to market levels through active asset management.”
The fully-let core property was built in 1985 and refurbished in 2008. It consists of six floors and a basement and extends from Bryggargatan 4 to Gamla Brogatan 13 with the main entrance at Korgmakargränd 2-4. The asset is located between Drottninggatan – Stockholm’s main shopping street - and the city’s Central Station.
TRIUVA was advised on the acquisition by JLL (for commercial), Roschier and K&S (legal), WSP (technical) and Rödl & Partner (tax). The financing of the deal was arranged by Helaba.
