Real estate funds managed by Blackstone Property Partners Europe (“BPPE”) have agreed to acquire Barnängen 6, a 12,300 sqm Grade A office property in Stockholm, Sweden from Angelo Gordon and its partner Scius.

The loft-style property in the tech-focused inner-city district of Södermalm benefits from attractive ceiling heights, open-plan floor plates and floor-to-ceiling windows. The building is practically fully-occupied, with Spotify as its largest tenant.

BPPE is Blackstone Real Estate’s European core fund which can hold its assets in perpetuity. It is focused on investing in high-quality, well located logistics, residential and office assets across Europe.

Scius will remain as manager and operating partner going forward. Linklaters and Savills acted as advisors for Angelo Gordon. Roschier, Catella and PWC acted as advisors for Blackstone.

Michael Swank, Senior Managing Director, Blackstone: “Barnängen 6 is located in one of Stockholm’s most vibrant and popular areas. This transaction demonstrates our long-term conviction in high-quality office assets and in Stockholm, where demand for modern and flexible office space continues to grow.”

Mikael Freudmann, CEO, Scius: ”We are pleased to be able to continue to manage this unique property at Södermalm and finalize the extensive works carried out together with Spotify to create their future offices.”

For further information please contact:
Mikael Freudmann
CEO, Scius Partners
+468-410 577 51
mikael.freudmann@scius.se

In February 2019, Scius acquired Skålen 24 in Hagastaden together with Invesco Real Estate from SEB TryggLiv. The office building with a total area of ca 18,000 sqm from 1974 is located adjacent to the upcoming subway station.

With start in October 2020, Skålen 24 will experience an extensive redevelopment including three additional floors on top of current structure. The first tenants will move into FENIX in Q2 2022.

“Scius and the project team from Studio Stockholm, Arcona and Red Management has since acquisition worked intensively to be able to present FENIX. We will retain the existing concrete structure while developing the building in line with its history as a craftsman building with impressive ceiling heights, large floor-to-ceiling windows and the load bearing concrete pillars will be exposed. The reception desk and art in the building will be made from demolished parts of the building. These features together with a modern office standard will create FENIX – a unique office building.”, says Mikael Freudmann at Scius, responsible for the project.

Once completed, FENIX will have a total area of ca 22,000 sqm, of which ca 18,000 sqm will be efficient office area including a co-working part. Common areas will include areas for spontaneous meetings, conference centre, gym, bike and car parking, restaurant, café and a roof top bar for meetings or after work. On-going BREEAM Excellent certification process, sun cells on the roof, concierge service, health food and art are other important features in the FENIX concept.

For further information please enter www.fenixsthlm.se or contact:
Mikael Freudmann
CEO, Scius Partners
+468-410 577 51
mikael.freudmann@scius.se

Scius has signed a lease agreement with Spotify for 3,700 sq m of office space over two floors in the property Barnängen 6 on Södermalm. Spotify will move in during Q1 2020 after which the property will be fully let.

Mikael Freudmann at Scius says: “We welcome Spotify and look forward to develop the property further with a concept based on its industrial architecture and history. Barnängen 6 will be an inspiring office property with companies that create a dynamic atmosphere together. ”

Barnängen 6 comprises approx. 11,000 sq m and was acquired in March 2019 by Scius together with Angelo Gordon.

For further information please contact:
Mikael Freudmann
CEO, Scius Partners
+468-410 577 51
mikael.freudmann@scius.se

AFA Sjukförsäkringsaktiebolag has sold the office property Skjutsgossen 12 located in Södermalm, Stockholm to funds advised by Blackstone, working alongside Scius Partners. The property was built in 1965 and comprises circa 34,000 sqm of lettable area in central Södermalm.

”We remain convinced about the city of Stockholm’s strengths as one of Europe’s key gateway markets, and are therefore delighted to make this further investment in Stockholm on behalf of our investors” comments James Seppala at Blackstone.

”We see meaningful potential to upgrade this office property further, in order to help meet the growing demand for first rate office space in Södermalm, one of Stockholm’s most attractive and exciting areas” comments Mikael Freudmann at Scius.

”We have owned the property since 2005 and have during our ownership renovated the space of Circle K and Polismyndigheten. The property is fully let and we think it is a suitable time for an owner with new ideas to carry out further development of this property”, said Anna Berfenstam, head of transactions at AFA Fastigheter

AFA was advised by L&L Advokatbyrå while Scius and Blackstone were advised by Roschier.

For further information:
https://www.fastighetsvarlden.se/notiser/afa-saljer-fastighet-for-2-miljarder/

American Angelo Gordon, together with Scius Partners, has acquired the office property Barnängen 6 in Södermalm, Stockholm from AFA Sjukförsäkringsaktiebolag. The property built 1917 comprises 10,300 square meters of lettable area with large windows and generous ceiling heights. The property is located on eastern Södermalm which is under extensive development including a new metro station to be opened.

For further information:
https://www.fastighetsvarlden.se/notiser/angelo-gordon-och-scius-i-halvmiljardaffar-pa-sodermalm/

Invesco Real Estate acquires an office development in one of the most expansive areas in central Stockholm. The property have today an office/industrial building of approx. 18,000 sqm, but there is a building right to extend the current building by approx. 6,000 sqm for office use and erect a residential building of approx. 60 apartments next to the current building. Scius Partners is local asset management partner to Invesco Real Estate. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information:
https://www.fastighetsvarlden.se/notiser/invesco-och-scius-koper-skalen-24/

Invesco Real Estate has sold Skanska’s HQ of 20,500 sqm in Stadshagen, Kungsholmen to DWS. The property was acquired from Skanska in an off-market transaction in 2014. Scius Partners has been local asset management partner to Invesco Real Estate and been part in of the acquisition of the property.

For further information:
https://www.fastighetsvarlden.se/notiser/skanskas-huvudkontor-pa-kungsholmen-salt/

Starwood with Scius Partners as local asset management partner has sold Åkerby 8 to Stendörren. The property of 9,700 sqm is located in an industrial area in north Stockholm and include office, warehouse and light industrial.

For further information:
https://www.fastighetsvarlden.se/notiser/stendorren-koper-fran-starwood-i-taby/

Grocery Stores Sweden, owned by a Joint Venture between Partners Group, Brunswick Real Estate and Scius Partners has been sold to Tre Kronor Property Investment. Grocery Stores Sweden is investment vehicle with 43 assets focusing on food anchored properties. Grocery Stores Sweden was acquired by the JV in 2016 and has since then made several add-on acquisitions of food anchored properties. Scius Partners has been, in addition to co-investor, asset manager of the portfolio.

For further information:
https://www.fastighetsvarlden.se/notiser/tre-kronor-koper-ica-paket-for-900-miljoner/

Starwood with Scius Partners as local asset management partner has sold a portfolio of 5 properties located in Linköping, Norrköping and Västerås to Castellum.

For further information:
https://www.fastighetsvarlden.se/notiser/castellum-koper-fastigheter-ur-svea-real/

Starwood with Scius Partners as local asset management partner has sold a portfolio of 51 assets of total 460,000 sqm to Nyfosa to an underlying value of approx. SEK 3.6 billion.

For further information:
https://www.fastighetsvarlden.se/notiser/hemfosa-forvarvar-for-36-miljarder/

Starwood with Scius Partners as local asset management partner has sold an office building of 32,000 sqm located in Kista, Stockholm.

For further information: https://www.fastighetsvarlden.se/notiser/nordika-gor-utmanande-vakanskop-i-kista/

Invesco Real Estate acquires ICA Maxi in Helsingborg, one of the best performing ICA store in Sweden. Grosvenor, the seller, has extended the property by 1,500 sqm to accommodate Systembolaget and Apotek Hjärtat. Scius Partners is local asset management partner to Invesco Real Estate. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/grosvenor-saljer-till-invesco-och-scius/

Starwood with Scius Partners as local asset management partner has sold Aronsborg’s conference center with 390 beds located in north of Stockholm to Strawberry Properties owned by Petter Stordalen.

For further information: https://www.fastighetsvarlden.se/notiser/stordalen-blir-ater-agare-av-aronsborg/

Invesco Real Estate has in a portfolio deal sold 3 logistic assets of 140,000 sqm located in Nörrkoping, Jönköping and Nyköping to a newly formed company by Pareto. The assets have been acquired in separate deals by Invesco Real Estate to now sell them in a portfolio. Scius Partners has been local asset management partner to Invesco Real Estate and been part of the acquisitions of the properties.

For further information: https://www.fastighetsvarlden.se/notiser/pareto-gor-stort-logistikforvarv-fran-invesco/

Starwood with Scius Partners as local asset management partner has sold two office buildings to Profi. The two properties are Tumba 7:150 in Botkyrka of 80,000 sqm with Alfa Laval as the largest tenant and Borgarfjord 2 in Kista of 44,000 sqm.

For further information: https://www.fastighetsvarlden.se/notiser/profi-forvarvar-tva-stora-fastigheter-fran-starwood/

Mathias Ljungberg joins Scius Partners as an investment and asset manager. Mathias come from PwC Real Estate where he was an Manager focusing on Sell and Buy side advisory within the Real Estate sector. Mathias will focus on asset management activities for the Invesco and Grocery Store mandate but also analyze and pursue add-on and new acquisitions for existing and new clients.

Invesco Real Estate has sold the retail property Mölnvik handelsområde of 16,000 sqm on Värmdö to Aberdeen. Scius Partners has been local asset management partner to Invesco Real Estate and was part in of the acquisition of the property.

For further information: https://www.fastighetsvarlden.se/notiser/aberdeen-koper-fran-invesco-pa-varmdo/

Sveafastigheter has divested a large property portfolio to Partners Group, including Grocery Stores Sweden where Scius Partners is co-investor and asset manager. Grocery Stores Sweden is investment vehicle with assets focusing on food anchored properties. Scius Partners will continue to co-invest and asset manage the assets in Grocery Stores Sweden.

For further information: https://www.fastighetsvarlden.se/notiser/sveafastigheter-saljer-for-43-mer-till-ny-sverigealskare/

Invesco Real Estate acquires logistic property of 45,000 sqm in Nyköping from Alecta. The acquisition is the fourth logistic acquisition Invesco Real Estate has made in Sweden. Scius Partners are local asset management partner to Invesco Real Estate. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/invesco-forvarvar-44-900-kvm-logistik-av-alecta/

Viktor Bolander joins Scius Partners. Viktor come from Skandia where he has worked as an Financial analyst at group Treasury. Viktor will focus on asset management for the SveaReal portfolio as well as evaluating new acquisition for existing and new clients.

Invesco Real Estate acquires in an off-market deal an office building of 35,000 sqm on Kungsholmen, central Stockholm, from Areim. Areim develop the property is three stages. Second stage including Securitas worldwide HQ will be complete prior to Closing and third stage will be on-going after Closing. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/invesco-i-nytt-miljardkop-pa-kungsholmen/

Håkan Blixt joins Scius Partners as responsible for SveaReal. Håkan come from Savills Investment Management where he was responsible for the Nordics. Prior to setting up and lead the Nordic business for Savills Investment Management, Håkan was responsible for Asset Management at Niam and part of the management team.

Starwood acquires SveaReal with 79 properties and 834,000 sqm in a mix of offices, logistics and light industrial properties from DnB Nor Eiendomsinvest. Scius Partners will be Starwood’s local asset management partner for SveaReal.

For further information: https://www.fastighetsvarlden.se/notiser/klart-ny-agare-till-hela-sveareal-rekordaffar-hamn/

Invesco Real Estate as acquired Skanska’s newly developed HQ in Stadshagen, Kungsholmen from Skanska in an off-market transaction. The state-of-the-art property of 20,500 sqm meet the highest environmental qualities and is located close to subway and other public transportations. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/invesco-koper-skanskas-nya-hk-for-1-miljard/

Invesco Real Estate has acquired a logistic unit of 23,500 sqm leased to DSV in Märsta close to Arlanda airport from Estea. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/amerikanska-invesco-gor-annu-ett-kop-i-sverige/

Sveafastigheter and Scius Partners acquires a grocery anchored portfolio with 32 assets of 49,000 sqm from CBRE Global Investors. The goal is to grow the portfolio with add-on acquisitions of similar assets to increase the volume and dilute the share of Coop branded assets. Scius Partners will asset manage the portfolio going forward and seek new potential add-on acquisitions.

For further information: https://www.fastighetsvarlden.se/notiser/sveafastigheter-handlar-butiker-for-400-miljoner/

Invesco Real estate acquires 23,000 sqm of retail warehouse in one of Sweden’s strongest retail warehouse locations, Barkarby, in north of Stockholm from Commerz Real. Tenants include strong brands such as Media Markt, Mio and Jula. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/invesco-koper-fran-commerz-for-560-miljoner/

Invesco Real Estate has acquired a logistic unit of 41,000 sqm leased to Stadium in Norrköping along highway E4 from Fortin Properties. The logistic unit is the sport retailer Stadium’s main distribution center in Sweden. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/invesco-gor-storaffar-i-norrkoping/

Invesco Real Estate acquires logistic property of 45,000 sqm in Jönköping with Aditro Logistics on a long lease. Scius Partners are local asset management partner to Invesco Real Estate. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/invesco-koper-logistkfastighet-i-jonkoping/

The multi-use property in Stadshagen, Kungsholmen, of 23,000 sqm with 10,000 sqm office and 13,000 sqm retail has been acquired by Invesco Real Estate from a 50/50 Joint Venture between Fabege and Peab in an off-market transaction. ICA Maxi is the largest tenant with approx. 8,800 sqm and this is the largest inner-city grocery store in Stockholm. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information: https://www.fastighetsvarlden.se/notiser/fastigheten-paradiset-salt-for-842-miljoner/

Invesco Real Estate has made its first acqusition in Sweden, Mölnvik handelsområde on Värmdö of 16,500 sqm. The property has several well-known tenants with a WAULT of over10 years. Scius Partners has been part of the sourcing of the deal and will manage the property going forward.

For further information:
https://www.fastighetssverige.se/artikel/invesco-genomfor-sitt-forsta-sverigeforvarv-1273