Pan-European fund manager Internos Global Investors has disposed of an office building in Stockholm for SEK 310 mln (around €33.2 mln) on behalf of its Euro Office 1 fund.
Pan-European fund manager Internos Global Investors has disposed of an office building in Stockholm for SEK 310 mln (around €33.2 mln) on behalf of its Euro Office 1 fund.
The seven-storey, 10,141 m2 property was acquired by Mengus Twelve AB, a holding company of Mengus Stockholm 2011 AB, a fund specialising in value-add real estate investments in the greater Stockholm area.
Built in 2002, the asset is situated at Råsundavägen 18-20 in the Solna sub-market of Stockholm, a location particularly popular with life science, wholesale/retail and transport companies.
The vendor was advised by CBRE and Setterwalls while Sweco and Roschier acted for the purchaser.
Internos’ Euro Office 1 fund has around €127 mln in assets under management. Following this disposal, the portfolio now comprises six properties situated in Germany, France, the Netherlands and Portugal.
