Savills has advised AMF Fastigheter on the sale of office building Fröfjärden 3 in Hallonbergen, Sweden, to Aquaticus, a company established by Arctic Securities.
The purchase price is SEK 740m (€73.4m). Aquaticus Real Estate will take over ownership of the property on 1 July 2021.
Fröfjärden 3 was built in 2003 and is located at Gesällvägen 33–35. It comprises approximately 17,000 sq m of office and logistics space and is fully leased to Xylem Water Solutions Global Services AB.
“We are very happy that Aquaticus Real Estate has acquired Fröfjärden 3, which is a modern and well-located property rented to a very strong tenant on a long lease. With the sale of Fröfjärden 3, capital will be released for new investments and projects,” says Fredrik Ronvall, Head of Real Estate Investments at AMF Fastigheter.
Niklas Zuckerman, Head of Investment, Savills Sweden, adds: “The Swedish real estate market continues to attract national and international buyers with offices with attractive tenants, such as Fröfjärden 3, trading particularly well.”