This week in property news, the Local Tapiola Special Investment Fund Investment Property has acquired where it wants to invest. Benny Thogersen, the former CEO of Catena, is involved in a new project in Enkoping. He discusses his new role and why he decided to get back into real estate.
Patrizia buys residential from Aros for SEK 3.6 billion
Patrizia has completed the acquisition of a large apartment package from Aros for SEK 3.6 billion. The transaction will include 879 apartments, 47,000 square meters of space, and 588 parking spaces. The sale is the largest residential acquisition in Sweden since 2000. The company has more than EUR 11.5 billion in residential funds. The deal is expected to close by the end of 2022.
Patrizia continues to build its leadership position in the residential market, and has expanded its portfolio to include a pan-European residential fund with a target of EUR 3 billion in assets. Through this transaction, Patrizia’s residential assets under management will increase to EUR17 billion. In January, Patrizia bought three premium apartment projects in the Malmo region, one in Kista and two in Haninge. The investment portfolio includes 879 residential units and 588 parking spaces. The portfolio will also be certified as green, with a Nordic Swan Ecolabel.
Coworking spaces in self-storage properties
Whether you’re an architect, engineer, or a software developer, coworking spaces in self-storage properties can provide a convenient location and safe storage for all of your inventories. Architecture has evolved dramatically in the past few decades, and while much of this work is done on computer software, many architects still use project models and drawing boards. These take up a lot of space and require storage space.
A coworking space is a shared office space that offers business owners affordable office space with a communal atmosphere. Coworking spaces are furnished with desks and other office-like amenities. They also provide good coffee and amenities, and many have a sense of community. Coworking members typically include freelancers, small teams, and start-ups. While most coworking spaces are not ideal for every type of business owner, they are perfect for those who need a quiet, professional environment and extra space to work.