Acquisition
October 2010
Divestment
August 2012
Year of construction
1971
Lettable area
3,100 sqm
Group
Mengus 2005
Acquisition
October 2010
Divestment
August 2012
Year of construction
1971
Lettable area
3,100 sqm
Group
Mengus 2005
The Core Stockholm property retains a first-class location in the centre of CBD. The building had at the time of acquisition a good structural layout, facilitating open floor plan offices enabling rational utilisation of space. It was however partly vacant as regards both office and ground floor retail premises, but the technical status of the property was good. Refurbishment measures could thus focus on an upgrade and general modernisation of the entrance and other common areas as well as tenant adoptions on let space.
Core Stockholm was rapidly improved and leased and divested in 2012 to KE Partners..
.