12 november, 2018

Sale of residential project

Pangea adviser to Arwidsro in the sale of Smedjan 8 in Malmö

Arwidsro sells Smedjan 8 in Malmö to property developer I Am Home. The property is located in Norra Sorgenfri, a major development area close to the inner city, and comprises about 28,000 sqm of residential building rights. I Am Home plan to develop 440 rental apartments on the property that will be sold to Heimstaden when completed in 2020-2021.

Pangea Property Partners was sell-side adviser to Arwidsro in the transaction. So far in 2018, Pangea has advised on more than 35 transactions and advisory mandates with an underlying property value above SEK 23 billion.

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