With an eye for matchmaking

Capital Markets

Blekholmen

Background

M&G Real Estate is one of the world's largest real estate investors with presence in Europe and Asia.

Newsec helped us to identify and accelerate the possibility to acquire the large and central office premise of Blekholmen, Stockholm, and subsequently managed to get us in an exclusive off market process Thorsten Slytå, Director of Nordic Region, M&G Real Estate

Challenge

Newsec proved its experience to know when a business is right in time and the knowledge to bring two suitable parties together.

Solution and outcome

Through continuous and in-depth market analyses, Newsec saw a potential sales interest for the fund company Niam regarding the property Blekholmen 1 in central Stockholm. The end of Niam's investment horizon was projected to be close in time, and Newsec estimated that the object was in line with M&G Real Estate's portfolio strategy. Newsec approached M&G with the proposal and introduced them to Niam. It turned out to be a perfect match that led to a successful off-market deal. This is a good example of how Newsec understands the market, from analysis to a successful business.

  • Summary Newsec acted as a transaction advisor for a property with 30 tenants about 34,000 sqm of rentable area
  • Location Stockholm CBD, Sweden
  • Customer M&G Real Estate
  • Status Signed December 2016
  • Services provided Capital Markets

Contact

Dan Sandstedt Head of Capital Markets, Newsec Advisory in Sweden +46 708 24 40 94