Swedish property company Vasakronan has purchased the Uggleborg 12 property located at Vasagatan in Stockholm from the Swedish National Property Board for SEK 1.3bn (EUR 138mln). Additionally, the company has sold four assets with a total floor space of 14,800 m2, to the National Property Board for a total SEK 626mln.
Swedish property company Vasakronan has purchased the Uggleborg 12 property located at Vasagatan in Stockholm from the Swedish National Property Board for SEK 1.3bn (EUR 138mln). Additionally, the company has sold four assets with a total floor space of 14,800 m2, to the National Property Board for a total SEK 626mln.
The Uggleborg property is situated on Vasagatan opposite Stockholm Central Station. The 35,700 m2 property is mostly let to the Swedish Social Insurance Agency. The transfer of ownership will take place on 1 October 2008.
