TM & Partners has assisted Vendus in the acquisition of two retail properties

TM & Partners has assisted Vendus Sweden AB (publ) in two separate acquisitions of retail properties located in Lomma and Grebbestad. The properties have market-leading grocery vendor ICA and the beverage retailer Systembolaget as principal tenants and the aggregate property value for the two transactions amounts to approximately MSEK 160.

Following these transactions, Vendus’ underlying property value amounts to approximately MSEK 3,500. The company has a stated objective of reaching an aggregate underlying property value of MSEK 6,000–8,000 within three years.

For further information on the transactions, please see Fastighetsvärlden.

TM & Partners’ team comprised:
Jens Haneklint (Partner)
Johan Aronsson (Senior Associate)
Matilda Andersson (Associate)
Edith Gunnarsson (Associate)
Selma Horgby (Associate)

Vendus is a Swedish real estate company that acquires, manages and develops properties with a primary focus on grocery retail, where the applicable tenants hold strong positions on their respective markets, report steady turnovers and show dedication and commitment to the development of the respective local communities.

TM & Partners is a leading Swedish law firm with a focus on transaction advice and commercial law.

For more information, please contact:
Jens Haneklint
Partner
E-mail: jens.haneklint@tmpartners.se
Phone: +46 76 00 283 04