13 november, 2017

Property swap in Uppsala and Gävle

Pangea adviser to Heimstaden and Fastpartner.

In the beginning of November, it was announced that Heimstaden sells three commercial properties in Uppsala to Fastpartner for SEK 480 million. Two of the properties are located in central Uppsala and one in Fyrislund business park and the total area is about 29,000 sqm. At the same time, Heimstaden acquires five residential properties in Gävle from Fastpartner for SEK 130 million. The properties are located in central Gävle comprising 125 apartments.

Pangea Property Partners was exclusive adviser in both transactions. So far, we have advised on more than 35 transactions with an underlying property value above SEK 13 billion in 2017.

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