Diligentia AB sells Sturegallerian

The press release states, “Diligentia AB has today reached an agreement regarding the sale of all shares in Sturegallerian AB to Tamweelview European Holdings S.A, an institutional client to AXA REIM

Sturegallerian AB owns the Sperlingens Backe 27 and 56 properties and the Sperlingens Backe 55 site leasehold property at Stureplan in Stockholm.

The properties and the site leasehold property that are owned by Sturegallerian AB comprise in total approx. 60,000 sq.m. of lettable area, excluding garages, of which approx. 37,000 sq.m. comprises offices and approx. 13,000 sq.m. comprises stores in the Sturegallerian mall, the Sturebadet pool and spa, as well as the Sturehof, Sturecompagniet and Tures restaurants. The purchase price for the shares is based on an underlying value of the properties and the site leasehold property of approximately SEK 4 billion.”

read more: Catella Property Group

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