Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 03-04-2017 | Practice Area: | Corporate and M&A |
| Deal Title: | Steen and Strom Sale of Emporia Office | Industry: | Real Estate Investment & Services |
| Description: |
Steen and Strom entered into a sale and purchase agreement with Kungsleden regarding the sale of Emporia Office (located within Emporia in Hyllie). The transaction was conditional upon, inter alia, the property Malmo Marknadsplatsen 1 completed a real property formation process, whereby Emporia Office would be separated from the shopping centre Emporia.
The cadastral procedure gained legal force on March 1st 2017 and Kungsleden completed the acquisition of the shares in the property owning company on March 31st 2017.
The gross leasable area of Emporia Office amounts to about 10 250 square meters.
Setterwalls has assisted Steen and Strom in the sale of shares in the real property owning company as well as at the real property formation process of Emporia Offices.
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| Financial Center: | Stockholm | Value: | 0.00-100.00 |
| Advised Party: | Vendor | Law Firm | Setterwalls |
| Target Company Jurisdiction: | Sweden | Acquiror Jurisdiction: | Sweden |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Anders Frick |
