September 7, 2016 - Assignment

Starwood Capital Group and Vencom divest retail parks for SEK 3.1 bn

Starwood, a private investment firm with core focus on global real estate, and property developer Vencom, have divested six retail parks comprising approximately 150,000 square meters to Trophi Fastighets AB, owned by the Third AP Fund.

The properties are located in six Swedish cities: Stockholm, Malmö, Eskilstuna, Uppsala, Landskrona and Gothenburg. The purchase price is approximately SEK 3.1 billion.

Starwood and Vencom was advised by Mannheimer Swartling in the transaction. The firm’s team was led by Klas Wennström, primarily assisted by Olle Källström and Hannah Ström.