Sveafastigheter divests property in Gothenburg

The property comprises approximately 26,500 sqm lettable area and is fully leased to International Automotive Components Group (“IAC”), the main supplier of cockpits and door panels to Volvo Cars in Torslanda. The divestment took place on January 30 with immediate handover to the buyers.

– The property is fully developed with a stable tenant on a long lease agreement. The timing is right for us to handover to a new owner, and focus on new investment opportunities where we can add value through active ownership, says Einar Erici at Sveafastigheter. 

– We are glad to buy a modern and flexible production facility which will suit our portfolio and expertise well, says Mattias Wilson, at Wilfast.

Leimdörfer and Kilpatrick Townsend were the seller’s advisers in the process.