Catharina Ull

We have assisted Prisma Properties AB in connection with the acquisition of a commercial property in Höör

TM & Partners has assisted Prisma Properties AB in connection with the acquisition of the commercial property Holma in 1:21 in Höör, with City Gross as the largest tenant. The acquisition means that Prisma takes control of the entire area and strengthens its exposure to the grocery sector.

For more information regarding the transaction, please see the following links:

https://www.fastighetsnytt.se/fastighetsmarknad/transaktioner/prisma-koper-i-hoor-tar-kontroll-over-handelsomrade/

https://fastighetstidningen.se/prisma-properties-koper-handelsfastighet-i-hoor/

TM & Partners’ team consisted of:
Safa Mahmoudi (Partner)
Catharina Ull (Senior Associate)
Oskar Warberg (Associate)

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

For more information, please contact:
Safa Mahmoudi
Managing Partner
E-mail: safa.mahmoudi@tmpartners.se
Phone: + 46 76 00 283 25

TM & Partners has assisted Prisma Properties AB in connection with the acquisition of a property in Östhammar

TM & Partners has assisted Prisma Properties AB in connection with the acquisition of a real property in Östhammar. On the property, Prisma plans to develop a store for Dollarstore, with which it has signed a 15-year lease agreement.

For more information regarding the transaction, please see the following links:

https://www.fastighetsnytt.se/fastighetsmarknad/transaktioner/prisma-properties-koper-fastighet-i-osthammar/

https://fastighetssverige.se/artikel/prisma-properties-forvarvar-fastighet-i-osthammar-tecknar-langt-hyresavtal-med-dollarstore-51516

TM & Partners’ team consisted of:
Safa Mahmoudi (Partner)
Catharina Ull (Senior Associate)
Edith Gunnarsson (Associate)

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

For more information, please contact:
Safa Mahmoudi
Managing Partner
E-mail: safa.mahmoudi@tmpartners.se
Phone: + 46 76 00 283 25

We have assisted Nordic Public Properties in connection with the sale of two preschools in Stockholm to SPP Fastigheter

TM & Partners has assisted Nordic Public Properties AB in connection with the indirect sale of two commercial properties for preschool in Nacka municipality and Haninge municipality respectively. The tenant of the premises is Norlandia Förskolor AB, which rents approx. 2,200 square meters of lettable space on long term lease agreements. The buyer in the transaction was SPP Fastigheter.

For more information regarding the transaction, please see the following links:

https://www.fastighetsvarlden.se/notiser/spp-forvarvar-tva-forskolor-i-08-omradet/

https://www.fastighetsnytt.se/fastighetsmarknad/transaktioner/spp-forvarvar-forskolor-i-nacka-och-haninge/

https://fastighetssverige.se/artikel/spp-fastigheter-forvarvar-tva-forskolor-i-stockholm-50281

TM & Partners’ team consisted of
Safa Mahmoudi (Partner)
Catharina Danielsson (Senior Associate)
Patrik Arosenius (Associate).

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

For more information, please contact Managing Partner Safa Mahmoudi:
E-mail: safa.mahmoudi@tmpartners.se
Phone: + 46 76 00 283 25

We have assisted OBOS in connection with a joint venture with Resona, and acquisition from The Other Group, regarding the construction of approximately 190 apartments in Stockholm

TM & Partners has assisted OBOS in connection with a joint venture with Resona with the aim of jointly construct approximately 190 apartments in Aspudden in Stockholm.

Resona and The Other Group (TOG) have together carried out the preparations of the zoning plan for the area. OBOS and TOG have thereafter entered into an agreement regarding OBOS acquisition of TOG’s part of the project. The zoning plan has been adopted but has not yet gained legal force. Sale of the apartments is due to commence in the beginning of 2025 and production will start in 2026.

For more information regarding the transaction, please see the following links:

https://obos.mynewsdesk.com/pressreleases/klart-foer-nytt-storprojekt-i-stockholm-obos-planerar-cirka-190-laegenheter-i-aspudden-3320519

https://www.fastighetsnytt.se/fastighetsmarknad/bostader/obos-och-resona-utvecklar-190-bostader-i-sodra-stockholm/

https://www.fastighetsvarlden.se/notiser/obos-planerar-190-lagenheter-i-aspudden/

TM & Partners’ team consisted of:
Safa Mahmoudi (Partner)
Catharina Danielsson (senior Associate)
Andreas Sahlstedt (Associate)
Matilda Andersson (Associate)
Oskar Warberg (Associate)

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

For more information, please contact Managing Partner Safa Mahmoudi:
E-mail: safa.mahmoudi@tmpartners.se Phone: + 46 76 00 283 25

We have assisted Europa Capital and NCAP in the sale of a newly refurbished office building in central Stockholm

We have advised Europa Capital, which since its formation in 1999 has completed over 150 transactions corresponding to more than €12.5 billion across 21 European countries, and NCAP, a specialist Nordic Real Estate Investment and Asset Management Company, in their sale of the newly refurbished office property Stockholm Brädstapeln 13, to KPA Pension (part of the Folksam group).

The sale follows the signing of the most recent office letting at the building in December 2023 with Ekonomistyrningsverket (ESV), the Swedish National Financial Management Authority, taking the overall occupancy rate to 95%. In addition to ESV, lettings to the following tenants have been carried out during recent years: Foodora, Bröd & Salt, SATS, Svevia, Svensk Exportkredit, F&H Group of Scandinavia and Groth & Co.

Europa Capital acquired the property in July 2019, the property was vacated in 2020 and Europa Capital’s refurbishment program was completed the following year after which letting to tenants began. This includes the creation of an additional 1,409 sqm of lettable space.

For more information regarding the transaction, please see the following links:
https://europacapital.com/news/europa-secures-95-occupancy-and-sells-newly-refurbished-bradstapeln-13-offices-in-stockholm/

https://www.fastighetsvarlden.se/notiser/folksam-forvarvar-bradstapeln-13-pa-kungsholmen/

https://nyhetsrum.folksam.se/sv/2024/02/02/folksamgruppen-genom-kpa-pension-forvarvar-fastighet-pa-kungsholmen-i-stockholm/

Safa Mahmoudi, responsible partner at TM & Partners, commented:

It has been an honor to work with Europa Capital and NCAP throughout this journey. We assisted Europa Capital and NCAP in connection with the acquisition of the property in 2019, which was Europa Capital’s first acquisition in Sweden. Subsequently, we have assisted Europa Capital and NCAP in connection with the entire development project and the negotiation and signing of all leases. We are grateful for the clients’ trust during the journey. This project shows in an excellent way the legal breadth our team possesses and strategy to follow the client during the whole value chain.

Our team consisted of:

• Safa Mahmoudi (Managing Partner, Real Estate)
• Catharina Danielsson (Senior Associate, Real Estate)
• Andreas Sahlstedt (Associate, Real Estate)
• Matilda Andersson (Associate, Real Estate)

We have assisted Hines in their first acquisition in Sweden

We have assisted Hines European Property Partners in connection with the indirect acquisition from the kitchen manufacturer Nobia of an industrial property currently being constructed in Jönköping.

The deal is structured as a sale and leaseback-transaction, where Nobia, in connection with the divestment, enters into a lease agreement with an initial term of 20 years. The new factory, which will be used in Nobia’s production of kitchens, covers approximately 129,500 square meters and is expected to be completed in autumn 2024. The agreed property value amounts to SEK 1.35 billion.

Hines is an American real estate company founded in 1957, which is currently holding properties in approximately 30 different countries. The acquisition in Jönköping is Hines’ first acquisition in Sweden.

Nobia is a kitchen producer, primarily known for the brands Marbodal, HTH and Norema, and has previously carried out its operations in Tidaholm.

Our team consisted of:

• Cecilia Rudels (Partner, Banking and Finance)
• Jens Haneklint (Partner, Real Estate)
• Natalie Bretz (Partner, Real Estate)
• Johan Aronsson (Senior Associate, Real Estate)
• Catharina Danielsson (Senior Associate, Real Estate)
• Matilda Andersson (Associate, Real Estate)
• Oskar Warberg (Associate, Real Estate)
• Carolin von Oelreich (Senior Associate, Banking and Finance)
• Kristoffer Vasberg (Associate, Banking and Finance)
• Jacob Gustafsson (Associate, Banking and Finance)

For more information about the transaction, please visit Hines or Fastighetsvärlden.

We have assisted Mitsubishi Estate London, Europa Capital and their local partner NCAP

TM & Partners has assisted Mitsubishi Estate London, Europa Capital and their local partner NCAP in connection with letting of office premises of approximately 5,700 sqm in the property Fyrkanten 11 at Sveavägen 32-36 in Stockholm CBD, to the tenant Ioffice.

Ioffice is a company that offers office and conference facilities and thus intends to sublease the office space to various actors. The lease agreement between the parties has been entered into for an initial period of ten years with planned commencement during the summer 2024.

In connection with the project, TM & Partners has assisted the property owner in the drafting and negotiations regarding the agreements for the implementation and the letting to Ioffice.

“We are very pleased to welcome IOFFICE to the Grace project and Sveavägen 34. We are happy to have found a partner who shares our vision and the office will be a fantastic new meeting place for companies that will be able to continue building on the property’s creative history.”, comments John Routledge, partner at NCAP.

For more information, please visit Fastighetsvärlden, Europa Capital or JLL.

Our team consisted of:

• Safa Mahmoudi (Partner)
• Catharina Danielsson (Senior Associate)
• Andreas Sahlstedt (Associate)

We have assisted Södervidden Fastigheter

We have assisted Södervidden Fastigheter in the sale of 77,000 square meters of land in prime logistics location in Åstorp, outside of Helsingborg, to Panattoni for the construction of logistics and industrial buildings comprising approximately 46,000 square meters. The construction of the project is planned to commence in June this year. In September 2024 it is estimated that the project will be completed.

For more information, please visit Fastighetssverige or Panattoni Europe.

Our team consisted of:

• Safa Mahmoudi (Partner)
• Catharina Danielsson (Senior Associate)
• Matilda Andersson (Associate)
• Patrik Arosenius (Associate)

We have assisted SEB’s fund Domestica V

We have  assisted SEB’s fund Domestica V in connection with the indirect acquisition of three properties in Örebro municipality for mainly residential purposes, including a separate parking garage, from Sveaviken Bostad AB. The properties and the parking garage were acquired indirectly through three different limited companies. The properties together comprise 274 apartments with a lettable area of ​​11,650 sqm, of which 98 sqm is a commercial premises, as well as the separate parking garage with 161 spaces.

For more information, please see here.

Our team consisted of:

• Natalie Bretz (Partner)
• Catharina Danielsson (Senior Associate)
• Matilda Andersson (Associate)
• Oskar Warberg (Associate)

TM & Partners has assisted Federated Hermes Limited

TM & Partners has assisted Federated Hermes Limited in connection with the financing of Hôtel Reisen in Stockholm and Grand Hotel in Odense for Host Hoteleiendom AS (a part of The Flying Elephant Group).

For more information, please click here.

TM & Partners’ team consisted of :

• Cecilia Rudels (Advokat, Partner, Banking & Finance)
• Mikaela Nordh (Advokat, Senior Associate, Banking & Finance)
• Hannah Gustafsson (Associate, Banking & Finance)
• Anastasia Lindström (Associate, Banking & Finance)
• Catharina Danielsson (Advokat, Senior Associate, Real Estate)

TM & Partners has assisted Slussgården in connection with the project and lease of a restaurant with a roof terrace to Stureplansgruppen

At Hornsgatan 20 in Stockholm, Slussgården has built another floor on the Överkikaren’s current 12-storey block. The extension will provide space for a restaurant on the roof with a large associated terrace. The tenant of the restaurant and the roof terrace is Stureplansgruppen, which thus is opening its first restaurant on Södermalm in Stockholm. The restaurant will be named Freyja and will open on March 13, 2023.

In connection with the project, TM & Partners has assisted Slussgården in drafting and negotiating agreements for the implementation and leasing with Stureplansgruppen.

“TM & Partners are and have been very professional throughout the process and put together a very complex lease agreement in a short time. It was a complicated project, which nevertheless went incredibly quickly after the preliminary study. We received a building permit within nine months with a total construction time of 1.5 years, which is extremely fast, especially during the pandemic with all the challenges it entailed.”
Lars Kinneholm, CEO at Slussgården

For more information, please visit:

DI
Slussgården.se

TM & Partners’ team consisted of :

• Safa Mahmoudi (Partner)
• Catharina Danielsson (Senior Associate)
• Andreas Sahlstedt (Associate)

TM & Partners has assisted a joint venture company owned by Obos and JM in one of the largest development right transactions in Sweden this year

JM AB and OBOS Kärnhem Bostadsproduktion AB have, through a 50/50 joint venture company, acquired a large property in Lund (Lyckebacken 5), which in a future detailed development plan will enable the development of a total of approximately 2,500 residential units including commercial premises. The purchase price amounts to a total of approximately SEK 725 million. The purchase is one of the largest development right transactions in Sweden this year.

For more information, please see here, here and here.

TM & Partners’ team consisted of Safa Mahmoudi (Partner), Catharina Danielsson (Senior Associate), Andreas Sahlstedt (Associate) and Oskar Warberg (Associate).

TM & Partners has advised RNB Retail and Brands AB in connection with the sale of Brothers & Sisters AB, the acquisition of Coala-Life AB and the conversion of notes

TM & Partners has advised RNB Retail and Brands AB (“RNB”) in connection with the sale of Brothers & Sisters. They holds all shares in Brothers AB, to the Norwegian investment company Jotunfjell Partners AS. The acquisition of Coala-Life AB (“Coala-Life”) through an issue in kind, and the conversion of RNB’s notes to unconditional capital contributions and shares in the company.

Jotunfjell Partners AS has a primary focus on Nordic retail, and owns, inter alia, the Swedish retail chain Pagelle.

Coala Life is a Swedish medtech company that focuses on heart diagnostics and digital health. The company has developed a portfolio of solutions based on the Coala, a patented and commercial service for remote monitoring and self-screening of heart sounds and ECG.

As a result of the transactions, RNB changed its business name to Coala-Life Group AB (publ) and its business activities to development, marketing and sale of medtech. In addition, a change of listing of RNB’s shares from Nasdaq Stockholm to Nasdaq First North Growth Market was carried out in connection with the closing of the transactions.

TM & Partners’ team comprised:

• Niclas Högström (Partner, M&A)
• Johan Wigh (Partner, Capital Markets)
• Tobhias Brandell (Partner, Banking & Finance)
• Fredrik Gustafsson (Partner, Technology)
• Sara Jacobson (Associate, M&A)
• Mikael Ahlberg (Associate, M&A)
• Robin Bergqvist (Associate, Banking and Finance)
• Philip Bihl (Associate, Capital Markets)
• Johan Mörlin (Associate, M&A)
• Karolina Kjellberg (Senior Associate, Technology)
• Cecilia Bergman (Senior Associate, Employment)
• Catharina Danielsson (Associate, Real Estate)

TM & Partners has assisted PEAB in connection with a sale to Vatne Property AS

TM & Partners has assisted Peab in connection with a sale of a residential portfolio with an underlying property value of MSEK 280 and commercial premises with an underlying property value of MSEK 40 in Borås to Vatne Property AS.

The residential project has a total area of 6,472 sq. m. and will obtain environmental certification Silver. For more information, please see press release.

TM & Partners’ team consisted of Safa Mahmoudi (Partner) and Catharina Danielsson (Associate).

TM & Partners has assisted Cleantech startup Cinis Fertilizer

TM & Partners has assisted Cinis Fertilizer. In connection with the negotiation of long term agreements with Northvolt and the international fertilizer producer Van Iperen International, as well as with a pre-IPO fundraising.

Cinis Fertilizer is a Swedish Cleantech startup that has developed a patented technology for the production of the world’s most environmentally friendly mineral fertilizer. By recycling industrial waste products from the pulp and paper industry as well as the battery manufacturing industry. Requiring 50 percent less energy input through its production, Cinis Fertilizer will create a CO2 footprint 75 percent smaller than that of traditional fertilizers.

Circular product

For production and sale of its circular product, Cinis Fertilizer has recently entered into long term strategic agreements with battery cell supplier Northvolt for purchase of sodium sulphate salt to be recovered from the battery manufacturing processes, and with international fertilizer producer Van Iperen International which in an off-take agreement has committed to purchase Cinis Fertilizer’s entire yearly production of appr. 300,000 tonnes fertilizer during a ten year period.

For the financing of the commercialization of its products, the company has in October 2021 raised SEK 40 million in a pre-IPO financing round and intends to initiate preparations for an IPO on Nasdaq First North in 2022. In connection with the fundraising a new board of directors has been appointed where TM & Partners M&A partner Sten Hedbäck has been appointed board member, together with Anna Kinberg Batra (previous MP and leader of the Swedish conservative party Moderaterna), Viktoria Bergman (board member Vattenfall), Åsa Källenius (CFO Mekonomen) and Morgan Sadarangani (CEO Molindo Energy). Roger Johansson, EVP for the Roxtec business unit Marine & Offshore, continues as Chairman. The company’s founder and innovator Jakob Liedberg is CEO.

TM & Partners’ team working with the agreements has been led by:

• Natalie Bretz (Partner, Real Estate/Infrastructure)
• Karolina Kjellberg (Senior Associate, Tech)
• Catharina Danielsson (Associate, Real Estate)
• Johan Aronsson (Associate, Real Estate)

(M&A Partner Sten Hedbäck led the team working with the fundraising).

For press coverage, see the edition of Dagens Industri.

For press releases, see: Northvolts press release & Cinis Fertilizers press release.

TM & Partners has assisted Nordic m2 Fastigheter in the sale of a portfolio of residential properties to Heba

TM & Partners has assisted Nordic m2 Fastigheter in the sale of a portfolio of newly produced residential properties in Enköping to Heba Fastighets AB.

For more information, please see pressrelease.

TM & Partners’ team consisted of Safa Mahmoudi (Partner), Catharina Danielsson and Mark Gebert (associates).

TM & Partners has assisted Arwidsro Fastighets AB in the acquisition of E-center in the municipality of Kävlinge from Myrko Fastigheter

TM & Partners has assisted Arwidsro Fastighets AB in the acquisition of E-center in the municipality of Kävlinge from Myrko Fastigheter AB. The property Löddeköpinge 14:40 is a commercial property with an occupancy rate of 100 % with Willys, Blomsterlandet and Stadium Outlet as the largest tenants.

For more information regarding the transaction, please see the following links: Fastighetsvärlden, Arwidsro

TM & Partners’ team consisted of Jens Haneklint (Partner), Catharina Danielsson (Associate) and Mark Gebert (Associate).

TM & Partners has assisted in connection with the sale of Glo AB

TM & Partners has assisted the 70 shareholders in connection with the sale of Glo AB, which is a company that conducts operations in nanotechnology. The purchaser of Glo AB was the american company Nanosys Inc.

TM & Partners’ team consisted of Jens Haneklint (Partner), Emma Borg (Associate) and Catharina Danielsson (Associate).

TM & Partners has assisted Pelican Self Storage in the purchase of a new site outside Stockholm

Törngren Magnell & Partners has assisted Pelican Self Storage in the purchase of a new site in Järfälla, outside Stockholm. The new site comprises approx. 800 storage units spread over 7,000 sq. m. The establishment of the new site is a part of a major Nordic expansion plan which shall result in a doubling of the number of sites to 60 sites until 2027.

For further information, please see press release.

TM & Partners’ team consisted of:

• Safa Mahmoudi (responsible partner)
• Catharina Danielsson
• Andreas Sahlstedt (associates)

TM & Partners has assisted KF Fastigheter in connection with that Magnolia Bostad becomes a joint venture partner in Upplands-Bro – the parties are going to develop a new residential area

KF Fastigheter has sold 50 percent of the shares in Bro Mälarstrand Bostad AB (JV-company) to Magnolia Bostad. In Bro Mälarstrand, the JV‑company plans to build approximately 950 residentials of varying character with terrace houses, detached houses and multi-family residentials. The forms of the residentials will be tenancies, co-operative apartments and detached houses.

For more information, please see the following links: KF Fastigheter, Magnolia Bostad

TM & Partners’ team consisted of Natalie Bretz (Partner), Philip Reznik (Senior Associate), Catharina Danielsson (Associate) and Mark Gebert (Associate).

TM & Partners has assisted Sunt Boende in the sale of 292 residential apartments in Vega, Haninge municipality, to Willhem

TM & Partners has assisted Sunt Boende Projekt nr 1 AB in the sale of 292 residential apartments to Willhem Stockholm Holding AB. The residential apartments will be constructed in Vega, Haninge municipality, and will include a total lettable area om 9893 square meters. The construction of the project is expected to begin during Q1 2021.

For more information, please see here.

TM & Partners’ team consisted of:

• Jens Haneklint (Partner)
•  Catharina Danielsson (Associate)
• Andreas Sahlstedt (Associate)

TM & Partners has assisted Citycon in a sale of three shopping centres in Stockholm

TM & Partners has assisted Citycon in the sale of three shopping centres in Tumba, Högdalen and Fruängen in Stockholm to Niam. The total area comprises approx. 57,000 sq. m. and the purchase price is approx. SEK 1,500 million.

For further information, please see pressrelease.

Törngren Magnell & Partners’ team consisted of:

• Safa Mahmoudi (responsible partner)
•  Catharina Danielsson (project leader)
•  Ulrica Alvestrand Körling
• Andreas Sahlstedt (associates)

TM & Partners has assisted Intea fastigheter AB (publ) in the acquisition of three commercial properties on the university area in Halmstad

TM & Partners has assisted Intea Fastigheter AB (publ) in the acquisition of three commercial properties on the university area in Halmstad from Castellum. The portfolio has a lettable area of ​​approximately 32,000 sqm. Halmstad University is the largest tenant with approximately two thirds of the total rental value.

For more information, please see the following link: press release.

TM & Partners’ team consisted of Natalie Bretz (Partner), Amela Balijaj (Associate) and Catharina Danielsson (Associate).

TM & Partners has assisted ReNewCell in the lease with SCA for establishing textile recycling in Ortviken

TM & Partners has assisted ReNewCell in the lease with the forest industry company SCA for ReNewCell’s lease at SCA’s industrial property in Ortviken (Sundsvall) for the establishment of textile recycling. Renewcell estimates that this establishment will create around one hundred new full-time jobs and that the plant, at full production, will recycle 60,000 tons of textiles a year (which corresponds to about half of Sweden’s annual consumption of textiles).

Please find out more in the following link: https://renewcell.com/news/

TM & Partners team consisted of Niclas Högström (partner), Jens Haneklint (partner), Catharina Danielsson (associate) and Mikael Ahlberg (associate).

TM & Partners has assisted KF fastigheter in the sale of the commercial property Sjötelegrafen in Nynäshamn to Elisby Fastigheter

TM & Partners har biträtt KF Fastigheter vid försäljningen av handelsfastigheten Sjötelegrafen i Nynäshamn till Elisby Fastigheter. Sjötelegrafen har en uthyrbar yta på 30 500 kvm och rymmer ett stadsdelscentrum och ett kontorshotell.

TM & Partners team bestod av Natalie Bretz (delägare), Philip Reznik (senior biträdande jurist), Catharina Danielsson (biträdande jurist) och Ulrica Alvestrand Körling (biträdande jurist).

TM & Partners has assisted Arwidsro in the purchase of Orminge Entré

TM & Partners has assisted Arwidsro Fastighets AB in the purchase of parts of Orminge Entré, and indirectly properties/land area in Orminge (Nacka municipality), from Gotska Fastighets AB. In accordance with the acquisition, Arwidsro will, together with Gotska Fastighets AB, within the area develop the new landmark, Orminge Entré, in the centrum of Orminge. The development project includes construction of residential apartments, grocery stores and parking spaces.

Please find out more in the following link: www.arwidsro.se

TM & Partners team consisted of Jens Haneklint (partner), Catharina Danielsson (associate) and Johan Aronsson (associate).

Törngren Magnell has assisted Intea in the lease regarding a new police station to the Swedish Police Authority in Kristianstad

Törngren Magnell has assisted Intea Fastigheter AB (publ) in the lease regarding a new police station to the Swedish Police Authority in Kristianstad. The lease agreement includes a lettable area corresponding to a total of 18,600 sqm, with a lease value of SEK 43,700,000. The work on a zoning plan is currently in process and construction regarding the police station is expected to take place in conjunction with a legally binding zoning plan.

The lease consists of the largest office lease of the year so far, according to information from Fastighetsvärlden. Please find out more regarding the lease here.

Törngren Magnell’s team consisted of Jens Haneklint (partner), Natalie Bretz (partner) and Catharina Danielsson (associate).

Törngren Magnell has assisted Arwidsro in the sale of the property Karlstad Björnen 12

Törngren Magnell has assisted Arwidsro Fastigheter AB in the sale of the limited partnership Fastighetsbolaget Drottninggatan i Karlstad Kommanditbolag, and indirectly the property Karlstad Björnen 12, from two companies within the Arwidsro group to Estea’s wholly owned subsidiary and alternative investment fund, Estea Sverigefastigheter 3 AB. The property is located in Karlstad (Sweden) and consists of several commercial lease premises. Please find out more here.

Törngren Magnell’s team mainly consisted of  Jens Haneklint (partner), Catharina Danielsson (associate) and Andreas Sahlstedt (associate).

Törngren Magnell has assisted Humlegården Fastigheter in a unique purchase in Stockholm CBD

Törngren Magnell has assisted Humlegården Fastigheter in the purchase of the office properties Landbyska verket 8 and 9 in Stockholm CBD. The properties comprise 12,000 sq. m. with prime location allocated between two buildings from 1915 and 1981. As a result of the purchase, Humlegården strengthens its position as one of the largest owners of office properties in Stockholm CBD. For more information, please see press release.

Törngren Magnell’s team consisted of Safa Mahmoudi (responsible partner), Amela Balijaj(project leader) Andreas Sahlstedt, Johan Aronsson and Catharina Danielsson.

Törngren Magnell has assisted Aquila Capital in the acquisition of a wind farm in Nylandsbergen

Törngren Magnell has assisted Aquila Capital in the purchase of eighteen wind turbines with a total capacity of 68,4 MW located in Nylandsbergen, Sundsvall, from Eolus Vind. The final purchase price amounted to EUR 78.5 million.

Törngren Magnell’s team consisted of:

• Natalie Bretz (Responsible Partner, Real Estate)
• Martin Rosell (Senior Advisor, M&A)
• Bruce McGinn (Counsel, M&A)
• Amela Balijaj (Associate, Real Estate)
• Catharina Danielsson (Associate, Real Estate)
• Johan Aronsson (Associate, Real Estate)
• Cecilia Rudels (Responsible Partner, Financing)
• Marcus Kern Fahlander (Associate, Financing)
• Mikaela Nordh (Associate, Financing)

Törngren Magnell has assisted Landshypotek Bank in the sale of the company Beckasinen 9 & 10 AB

Törngren Magnell has assisted Landshypotek Bank AB (publ), in the sale of the company Beckasinen 9 & 10 AB, and indirectly the properties Linköping Beckasinen 9 and Linköping Beckasinen 10, to a local company. The parties have also entered into a lease agreement as regards Landshypotek’s lease of premises in the property Linköping Beckasinen 10. Törngren Magnell’s team consisted of Jens Haneklint (partner) and Catharina Danielsson(associate).

Norvestor has divested Nomor to ServiceMaster

Törngren Magnell has asssisted Norvestor VI L.P. in connection with the sale of Nomor Holding AB to ServiceMaster Global Holdings, Inc. for a purchase price of appr. USD 200 million.

Nomor is the second largest pest control company in Sweden and Norway operating nationwide within three service areas; Pest control, Food safety and Home & House. Customers include among other insurance companies, property owners, municipalities and the HoReCa industry.

Törngren Magnell advised Norvestor in connection with its acquisition of Nomor in May 2014 and supported Nomor in connection with its nine strategic acquisitions in Norway and Sweden. During Norvestor’s ownership sales have increased from appr. SEK 104 million to appr. SEK 500 million.

Törngren Magnell’s team consisted of Sten Hedbäck (partner, M&A), Vaiva Eriksson(partner, M&A), Bruce McGinn (counsel, M&A), Philip Reznik (associate, M&A), Carl Östlund(associate, M&A), Emma Borg (associate, M&A), John Park (associate, M&A), Cecilia Bergman(associate, Employment), Catharina Danielsson (associate, Real Estate) and Carolin von Oelreich (associate, Banking & Finance).

Törngren Magnell has assisted KF Fastigheter in the formation of a new joint venture with Balder regarding development of a new city district in Kungens Kurva

KF Fastigheter has chosen Balder as a new partner and fifty per cent owner of the joint venture company which will develop Kungens Kurva into a completely new city district of about 3,500 homes, schools, commercial centres and care facilities.

Törngren Magnell’s team consisted of partner Natalie Bretz assisted by Philip Reznik and Catharina Danielsson.

For more information, see pressrelease here.

Törngren Magnell has assisted Humlegården Fastigheter in the purchase of a hotel property

Törngren Magnell has assisted Humlegården Fastigheter, in the purchase of the hotel property Dykaren 33 on Kungsholmen from Connect Hotel. The parties have also signed a 20-year lease agreement. For more information, please see pressrelease.

Törngren Magnell’s team consisted of Safa Mahmoudi (responsible partner), Catharina Danielson and Johan Aronsson.

Törngren Magnell has advised Arwidsro in its purchase of Norrtälje Torn Kvarter 4 AB

Törngren Magnell has advised Arwidsro Samhällsfastigheter AB in its purchase of project Magasinet, located in Norrtälje. The project consists of 80 senior living apartments with Humana as the operator, a parking garage and three commercial premises on ground level. The project is expected to be completed in the spring 2021. The transformation of the area is Norrtälje’s largest urban development project ever. The seller is Index Residence.

For more information, please see press release at Fastighetssverige.

Törngren Magnell’s team consisted of Jens Haneklint (Partner), Amela Balijaj (Associate) and Catharina Danielsson (Associate).

Törngren Magnell has assisted Boning Fastigheter in the sale of a residential portfolio

Törngren Magnell has assisted Boning Fastigheter AB, in the sale of a residential portfolio consisting of 21 real estate properties with a total of 312 residential units spread over 21,000 sq.m. in Tranås to Kuststaden Projektutveckling AB. The portfolio is centrally located and consists of 88 per cent residential units.

Törngren Magnell’s team consisted of Safa Mahmoudi (responsible partner), Anna Bjurell and Catharina Danielsson.

Törngren Magnell has advised Norvestor on its acquisition of Xllnc

Törngren Magnell has advised Norvestor VII L.P., a fund managed by Norvestor Equity AS, in connection with its acquisition of Xllnc Nordic AB.

Xllnc is a leading supplier of IT lifecycle management solutions for large corporations in the Nordics. The Company’s core solution is its “device-as-a-service” offering, helping organisations evaluate their IT needs, plans, procurement and finance in addition to configuring IT equipment. Additional services include monitoring and managing corporate IT assets such as PCs, tablets and mobile phones throughout their lifecycle, including support and logistics. Xllnc is headquarted in Växjö, Sweden, with appr. 200 employees and had revenues of appr. SEK 1.3 billion in 2018.

Törngren Magnell’s team was led by Sten Hedbäck (partner) and Vaiva Eriksson (partner), and also included Anna Bjurell (Senior Associate, M&A), Sofia Lindh (Associate, M&A), Mikael Ahlberg (Associate, M&A), Emma Borg (Associate, M&A), Louise Wedar (Associate, Banking & Finance), Lisa Ericsson (Senior Associate, employment), Cecilia Bergman(Associate, employment) and Catharina Danielsson (Associate, Real Estate).

Törngren Magnell has advised Rototec in connection with its acquisition of Stures Brunnsborrningar

Törngren Magnell has assisted Rototec AB in connection with the acquisition of Stures Brunnsborrningar AB, a company with a long history and great experience within geo-energy. Rototec AB is the market leader within geo-energy on the European market and continues its strong strategic growth on the Swedish market through the acquisition of Stures Brunnsborrningar AB.

Törngren Magnell’s team was led by Niclas Högström (Partner) and included Mikael Ahlberg(Associate), Sofia Lindh (Associate), Cecilia Bergman (Associate) and Catharina Danielsson(Associate).

Törngren Magnell has advised Maintrac in connection with its acquisition of IKKAB

Törngren Magnell has advised Sobro’s portfolio company Maintrac, a system integrator within the urban network and operator industry, in connection with its acquisition of IKKAB, an electrical and power engineering consultancy firm operating in the business areas infrastructure, real estate and industry. IKKAB and We Consulting, acquired by Maintrac in spring 2018, will form a business group which together becomes a leading actor within telecom, real estate, industry and infrastructure. The companies have a total of approximately 280 employees distributed into nineteen cities in Sweden and Norway and a total combined turnover of approximately SEK 370 million.

Törngren Magnell’s team was led by:

• Sten Hedbäck (Partner)
• Anna Bjurell(Senior Associate)
• Lisa Ericsson (Senior Associate)
• Mikael Ahlberg (Associate)
• Catharina Danielsson (Associate)
• Sofia Lindh (Associate)

Törngren Magnell assisted in real property transaction in Lindesberg

Törngren Magnell assisted the buyer REAL Value Projekt Stockholm 3 AB in its acquisition of all outstanding shares in Fastighetsbolaget Koppgatan 1 i Lindesberg AB from Per E Holding AB. The target company owns the retail property Lindesberg Ängen 7, on which an ICA Supermarket store is situated. Responsible partner at Törngren Magnell was Jens Haneklint, assisted by Sofia Lindh and Catharina Danielsson.

Törngren Magnell has assisted Pelican Self Storage in the sale of a logistics portfolio

Törngren Magnell has assisted Pelican Self Storage, a leading Nordic actor within storage renting, and its main owner Evergreen Real Estate Partners S.À R.L, in the sale of five of its eleven sites in Sweden. The storage sites are located in Västerås, Örebro, Linköping, Norrköping and Åkersberga. Shurgard, the purchaser, will take over the sites including employees and customers. For more information, please see pressrelease.

Törngren Magnell’s team consisted of Safa Mahmoudi (responsible partner), Catharina Danielson and Amela Balijaj (real estate), as well as Anna Jerndorf and Cecilia Bergman(employment law).

Törngren Magnell has advised on LRF’s investment in Tillväxtbolaget

Törngren Magnell has advised on LRF’s investment in Tillväxtbolaget, a company which provides capital and knowledge, helps to establish modern production facilities for meat, milk and egg production as well as plant cultivation.

Tillväxtbolaget was earlier owned by Lantmännen and HKScan with 50 % each. Because of LRF’s investment in Tillväxtbolaget, the company is now owned by Lantmännen, HKScan and LRF with 33,3 % each.

Törngren Magnell assisted Lantmännen in the transaction.

Törngren Magnell’s team was led by Jens Haneklint (Partner) assisted by Catharina Danielsson (Associate).