Thank you for sharing!

Your article was successfully shared with the contacts you provided.

STOCKHOLM-The Swedish post office has raised up to €400 million ($360 million) from property sales this year, advised by Catella Corporate Finance.<p<In Stockholm, the post office agreed a sale and leaseback of its 645,000 sf future headquarters to the property company AP Fastigheter in a €100 million ($90 million) deal. A long-term rental agreement was signed and the project will be completed by the end of 2003.

And subsequently the post office sold a portfolio of 73 properties with a value of about €300 million ($270 million) to Wihlborgs, a Swedish listed property company. The most valuable part of the portfolio was a group of seven properties totalling 650,000 sf in Stockholm city centre.

Catella Corporate Finance acted as advisor in both transactions.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.