Swedish real estate company Jernhusen said it has seen 'huge' interest from investors for its Kungsbrohuset office complex next to Stockholm's central train station. Nordic property adviser Leimdörfer began the marketing process at end-February.
Swedish real estate company Jernhusen said it has seen 'huge' interest from investors for its Kungsbrohuset office complex next to Stockholm's central train station. Nordic property adviser Leimdörfer began the marketing process at end-February.
A spokesperson for Jernhusen declined to comment on market rumours that the building has a guide price in the region of EUR 200 mln. The spokesperson said that the aim is to find a buyer who is interested in high-quality, sustainable assets.
Market watchers believe that domestic Swedish institutions who use all equity for real estate transactions are among the most likely buyers.
The 13-storey office building was completed in 2010 and has obtained triple environmental certification. Kungsbrohuset uses 50 kWh of energy per m2 a year - less than half for an average new office scheme. Visitors have come from all over the world to study its 'green' attributes, he said.
The property comprises 26,400 m2 of leasable floor space and has a rooftop terrace with panoramic views across the Swedish capital. The building is fully leased and media group Schibsted is the largest tenant.
Jernhusen is a real estate company that develops, owns and manages station areas, maintenance depots and freight terminals used by the Swedish railway system.
PropertyEU is holding a Nordic Investment Briefing in London on 29 March. Click on the link below for more details.
