CBRE IM executes sale of Tobaksmonopolet 2 in Stockholm.
Deal News | Dec 20, 2024 | Gernandt & Danielsson Advokatbyr
Gernandt & Danielsson Advokatbyr, a law firm, has advised CBRE Investment Management on the divestment of Tobaksmonopolet 2, an office property in Södermalm, Stockholm. The transaction involves selling all shares in the company owning the property, which is valued at SEK 1,545,000,000. Tobaksmonopolet 2 comprises approximately 18,600 square meters of office space. The signing of the sales agreement occurred on December 19, 2024, with the transaction's closure anticipated by February 28, 2025. Leading the advisory team from Gernandt & Danielsson were partner Anna Eriksson and associates Lovisa Swahn and Mikael Yemen.
Sectors
- Real Estate
- Legal Services
Geography
- Sweden – The real estate asset involved in the transaction, Tobaksmonopolet 2, is located in Stockholm, Sweden.
Industry
- Real Estate – The transaction involves the sale of a commercial office building in Stockholm, which is a significant real estate asset.
- Legal Services – Gernandt & Danielsson, a law firm, is providing legal advisory services on the divestment transaction.
Financials
- SEK 1,545,000,000 – The agreed property value for the Tobaksmonopolet 2 divestment.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CBRE Investment Management | Seller | Company | A global real estate investment management firm involved in the divestment of Tobaksmonopolet 2. |
| Gernandt & Danielsson Advokatbyr | Legal Advisor | Company | A law firm advising CBRE Investment Management on the sale of Tobaksmonopolet 2. |
| Anna Eriksson | Partner | Person | A partner at Gernandt & Danielsson leading the legal advisory team. |
| Lovisa Swahn | Associate | Person | An associate at Gernandt & Danielsson part of the legal advisory team. |
| Mikael Yemen | Associate | Person | An associate at Gernandt & Danielsson part of the legal advisory team. |