Törngren Magnell & Partners has assisted Mitsubishi Estate and Europa Capital on this transaction.
Mitsubishi Estate London, advised by Europa Capital, the pan-European real estate investment manager, has acquired a circa 7,000 sqm office building in Stockholm’s central business district from AFA Insurance.
The seven storey building is strategically located within the CBD with direct internal access to Hötorget metro station through the basement. Mitsubishi Estate London, advised by Europa Capital, expects to undertake a full refurbishment of the asset with a view to re-letting the building.
The project builds on the existing relationship between the two companies. Mitsubishi Estate is Europa Capital’s principal shareholder and the two companies are currently assembling a portfolio of commercial development properties in Europe through a separate investment strategy.
The Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (Picture), Amela Balijaj, Andreas Sahlstedt and Johan Aronsson.
Law Firms: Törngren Magnell;