As a result of the market situation and the high investment pressure, the demand for high-quality office real estate in attractive locations is currently extremely high. Against this background we were able to successfully sell this first-class office property at an excellent point in time for the fund,” explains Robert Bambach, the Management Board member of Commerz Real AG responsible for real estate transactions.
Management Board member Roland Holschuh underlines this from the stance of asset management: “Thanks to the customary close collaboration between the fund and asset management units, we consistently developed Solna Port into a high-quality multi-tenant property; this now also offers tenants requiring smaller offices the opportunity to lease areas with excellent fit-outs and access to high-quality services. The concept is a successful one, new lettings saw a promising start and we were able to conclude the sale at a higher price than the latest published market value.”
The real estate is located directly on the E4 highway, Stockholm may be reached within ten minutes. In architectural terms it is characterised by an imposing comb structure with as many as eight upper storeys and three basement floors. Since the departure of the previous tenant Skanska, Commerz Real has leased a significant part of floor space, with the new tenants including the software company Oracle and the telecommunications group Verizon.
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