Swedish state-owned property company Akademiska Hus, advised by Savills, has sold a redevelopment opportunity at Kista in Stockholm.
Swedish state-owned property company Akademiska Hus, advised by Savills, has sold a redevelopment opportunity at Kista in Stockholm.
M2 Gruppen acquired the property for SEK 204 mln (€22.5 mln).
The property, located adjacent to the Kista Galleria shopping mall, comprises office and education facilities. It totals 28,600 m2, of which the majority will be vacant on possession, and suitable for redevelopment subject to planning consent. In addition, the property also comprises a three-storey garage with 559 parking spaces.