25 januari, 2021

Buy-side deal in Gothenburg

 

Pangea advised Barings on the acquisition of a prime logistics property in Gothenburg.

We would like to congratulate Barings on the acquisition of Sörred Kubiklager from Skanska. The property comprises 20,100 sqm lettable area and is strategically located at Hisingen in Gothenburg, just a short drive from the Port of Gothenburg which is the largest harbor in Scandinavia.

The property was finalized in the third quarter of 2020 and meets the requirements for the GreenBuilding certification. The first tenant will move in during the second quarter this year. The transaction has an underlying property value of SEK 265m and will close in February 2021.

Pangea’s team consisted of Andreas Friberg and Tobias Årfelt.

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