trending Market Intelligence /marketintelligence/en/news-insights/trending/jhx73hjstggvetkghf_q7g2 content esgSubNav
In This List

Fabege sells Swedish office asset to Union Investment fund for €120M

Blog

Using ESG Analysis to Support a Sustainable Future

Video

S&P Capital IQ Pro | Powered by Expert Insights

Blog

Q&A: Streamlining Analytics for TCFD Reporting

Blog

Evergrande and the wider impact: a sentiment analytics based perspective


Fabege sells Swedish office asset to Union Investment fund for €120M

Union Investment acquired an office property in Solna, Sweden, from Fabege AB on behalf of the Unilmmo: Europa open-ended real estate fund for roughly €120 million.

The Uarda 6, or U6, property, completed at 2017-end, spans roughly 18,000 square meters, with the majority of the space being let to Siemens. Other tenants include Ambea and H&M, according to a release.

Swedish developer Fabege will be responsible for managing the almost fully occupied seven-story property.

The acquisition marks the Unilmmo: Europa fund's first property purchase in Sweden and German fund manager Union Investment's third buy from Fabege in the Arenastaden office area in Solna.