Peab has sold the property Värdshuset 2 on the Hyllie district in Malmö. The buyer is the UK asset manager Schroder’s Nordic fund and the purchase price is approximately SEK 185 million.
      - The sale is a good example of how Peab works with real estate development. Unique property projects are created in a process of land allocation to the completed and fully leased property. This is also a good example of how Peab acts as a community builder, actively participate in the development of new districts, says Thomas Anderson, director of Property Development.
Peab has already several projects in property development in the balance. Demand for commercial property in the right position is expected to be large.
The property includes offices and retail premises. It is strategically located next to City Tunnel station on Hyllie. The property is fully leased and the leasable area is around 3900 square meters. Access to the property takes place at 25 January 2012.
      - It is an attractive...