Swedish real estate investor Revelop has acquired an urban industrial asset in the Stockholm area from the bankrupt estate of Oscar Properties for an undisclosed amount.
Sicklaön 88:1 comprises 7,585 square metres of industrial and B2B retail spaces in a strategic location directly opposite the Sickla shopping district in rapidly growing Nacka Municipality. With a 55% economic vacancy, the asset offers significant value potential from leasing and repositioning as well as development.
Source: propertyeu.info on the 14th of November, 2024
https://propertyeu.info/Nieuws/Revelop-acquires-Stockholm-urban-industrial-asset-in-distressed-deal/feaf4020-0f77-4265-9a3e-46a3a69905f5