Independent Nordic fund manager Areim has acquired the office asset Städet 9, also known as Grönstedska Palatset, on Sankt Eriksgatan in Hagastaden, Stockholm.
Financial details were not disclosed. The vendor was Gamla Livförsäkringsaktiebolaget SEB Trygg Liv.
The property, which was built in 1923, consists of 28,000 square meters of lettable area, and was the former headquarters of Vin & Sprit. Areim plans to further develop the property and at the same time preserve the property's history and characteristic features.
Source: propertyeu.info on the 6th of May