October 22, 2014 - Assignment

Ulla Åberg estate divests properties in Malmö’s largest real property transaction ever

The Ulla Åberg estate has signed an agreement to divest Hugo Åbergs Fastighetsförvaltning to Akelius Fastigheter. The transaction includes eight real properties in Malmö comprising more than 2,000 residential apartments and about 150 commercial units, including the 27-storey Kronprinsen, one of Malmö’s most well-known landmarks. The purchase price has not been disclosed, however, property experts report that this is the single largest real property transaction ever in Malmö.

The Ulla Åberg estate was advised by Mannheimer Swartling in the transaction. Johan Granehult led the firm’s team, which also included Lucas Jonsson, Anna Bryngelsson and Cecilia Relfsson. Two of the heirs were advised by Magnus Bernro and Patrik Svensson at LA PARTNERS.