Balder acquires properties in Stockholm, Helsinki and London

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Fastighets AB Balder (publ) in three transactions, has agreed to acquire four properties with a total lettable area of about 28,000 sq.m for approximately SEK 1,600m.

The properties in Stockholm and London mainly consist of offices and educational premises and the property in Helsinki is a hotel. All properties are located in the central areas of the capital cities.

The property in London was taken into possession during the second quarter, the property in Finland was taken into possession in the third quarter and the Stockholm properties were taken into possession during the fourth quarter.

The largest tenants are Stockholm University of the Arts, A house, Scandic, the German-Swedish Chamber of Commerce and Spendrups.