AMWatch

KLP makes major investment in Sweden

A real estate investment in central Stockholm has finally fallen into place.

The Princeton 1 property. | Photo: White Arkitekter

The real estate arm of Norway's largest pensions provider KLP Eiendom has taken over the Princeton 1 property in central Stockholm from SveaNor JV Holding and Hemsö Life Holding, KLP reports in a press release.

This is KLP's largest ever single investment. The property was valued at around SEK 2.6bn (EUR 260m), and rental incomes are estimated at around SEK 93m (EUR 9.4m). The property was completed during Q3, 2021.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch