27 April 2015, Malmö, Sweden | Corporate Finance | News
Catella in Malmö acted as advisor to RoosGruppen AB in the divestment of the warehouse and office property Dubbelknappen 20 located in Malmö. Buyer is Kungsleden.
Summarized extract from Kungsleden's press release:
Kungsleden strengthens position in strategic location in Malmö
Kungsleden acquires the warehouse and office property Dubbelknappen 20 in Fosie outside Malmö, where the company already owns ten properties. The acquisition strengthens Kungsleden’s position in the area and opens for synergies with the existing portfolio. The acquisition price is MSEK 63.
Kungsleden AB (publ) continues to optimise and expand the property portfolio in growth markets. The acquisition of Dubbelknappen 20 in Fosie just outside of central Malmö allows the company to further position itself in a strategically important area. Kungsleden already owns ten properties in the area and as with this acquisition increased its leasable area in the cluster Fosieby (Fosie and Jägersro) to 47,000 sqm. Thanks to the increased presence Kungsleden has identified operational and financial synergies, such as an improved offering to tenants and more efficient management.
The property has a leasable area of 5,700 sqm and is fully leased. RoosGruppen AB is the vendor and the price is MSEK 63. Closing will take place on June 1.
”Once again we are delighted to have completed an acquisition which strengthens our customer offering in an important area for Kungsleden. Our effort to optimise and expand our portfolio with strategic properties in growth areas continues, where Dubbelknappen 20 is yet another step in the right direction. The fact that the acquisition takes place in one of our clusters, enabling us to enjoy synergies, makes it even more pleasing”, says Ylva Sarby Westman, Head of Transactions at Kungsleden.
