Natalie Bretz

Our real estate team recognised as a leading practice in terms of business volume

Our strong real estate team has once again been acknowledged by the Swedish real estate press as a leading practice. We are in a seventh place in terms of business volume in Fastighetvärlden’s list of real estate law firms, with a volume of SEK 69 billion. This almost equals last year’s business volume, which was a record year for our real estate practice.

“This kind of acknowledgement is a recognition that we combine a cutting edge financing and transaction expertise in a successful way, and that our clients view us as natural partner in their strategically most important transactions. We are grateful for the trust our clients place in us”, said Safa Mahmoudi, partner.

TM & Partners has advised Cavandium in connection with acquisition from Arlandastad and the formation of a joint venture

TM & Partners has advised Cavandium in connection with Arlandastad Group’s divestment of 125 000 sq.m. land to an underlying property value of MSEK 522. Cavandium and Arlandastad Group have established a joint venture for the development of a business park under the name F60. In connection to this, TM & Partners has advised Cavandium in Swiss Life Asset Managers’ investment in the Cavandium subsidiary acquiring 50 per cent of the shares in the joint venture company. The parties have agreed on an option for the joint venture company to acquire an additional 40,000 sq.m. of land in connection to the F60 area.

For further information, see press release and article.

TM & Partners’ team consisted of project manager and partner Natalie Bretz, Johan Aronsson (Associate), Mark Gebert (Associate), Per Granström (Partner), Mikael Ahlberg (Associate) and Sara Jacobsson (Associate).

Our real estate team recognised as a leading practice in terms of business volume

For the third consecutive year, our strong real estate team has been acknowledged by the Swedish real estate press as a leading practice. We are in a fifth place in terms of business volume in Fastighetsvärlden’s list of real estate law firms, with a volume of SEK 70 billion. This is an increase of underlying business volume with SEK 13 billion compared to the previous year.

“This kind of acknowledgement is a recognition of our successful strategy to combine a cutting edge financing and transaction expertise. Foremost, we are very proud over the trust our clients place in us when executing their strategically most important transactions. We have had the privilege to work with some of the largest real estate transactions during last couple of years, and have grown relative to the market in order to meet our clients’ high demands”
Safa Mahmoudi, partner.

See the whole list here.

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 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 Endúr ASA in the acquisition of Marcon-Gruppen i Sverige AB

TM & Partners has acted as Swedish legal counsel to Endúr ASA in connection with the acquisition of Marcon-Gruppen i Sverige AB for a purchase price of SEK 400 million. Marcon-Gruppen i Sverige AB is a market leader within marine infrastructure in Sweden and performs a range of services connected to marine infrastructure construction and marine services, including hydrographical services, dredging, rentals, inspections and diving. Endúr ASA is a Norwegian industrial group and a well-established supplier of products and services related to maritime services, energy and aquaculture.

TM & Partners team was led by:

• Sten Hedbäck (Partner, M&A)
• Mikael Ahlberg (Associate, M&A)
• Eva Sundling (Partner, Banking & Finance)
• Natalie Bretz (Partner, Real Estate/Construction)
• Lisa Ericsson (Counsel, Employment)
• Sofia Lind (Associate, M&A)
• Emma Borg (Associate, M&A)
• Daniel Åstrand (Associate, Dispute Resolution)
• Robin Bergqvist (Associate, Banking & Finance)
• Johan Aronsson (Associate, Real Estate)
• Karolina Kjellberg (Associate, Tech)

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 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 Magnolia Bostad in the formation of a new extensive joint venture with Heimstaden Bostad and Derome

TM & Partners has assisted Magnolia Bostad in the process of entering into agreements with Heimstaden Bostad regarding a joint development of residential buildings in the area close to Hede Station in Kungsbacka. The project comprises approximately 1,600 apartments with a combined area of approximately 100,000 square meters. Derome is the seller. In connection with the aforementioned transaction, Magnolia Bostad AB, Heimstaden AB and Derome have entered into a joint venture to develop and construct around 1,500 single-family homes on land with existing and new building rights. The value of the projects upon completion is estimated to SEK several billion.

TM & Partners´ team consisted of Natalie Bretz (Partner), Philip Reznik (Senior Associate) and Ulrica Alvestrand Körling (Associate).

Our real estate team recognised as a leading practice in terms of business volume

In Fastighetssverige’s annual list of leading real estate law firms in terms of business volume, our team is in third place with a business volume of SEK 69 billion, of which SEK 31 billion relate to real estate financing. This is an increase of underlying business volume with SEK 17 billion compared to the previous year which was a very strong transaction year.

Humlegården’s large purchase of Landbyska Verket 8 och 9 in Stockholm CBD and KF Fastigheter’s JV with Balder in Kungens Kurva, South of Stockholm are mentioned as notable transactions where we participated.

“This year’s ranking is yet another acknowledgement of our fantastic transaction year during 2019 and the successful co-operation between the firm’s transaction and financing team. We want to thank our clients for the trust they place in us when executing their strategically most important transactions. Even though the transaction market has had its special challenges during 2020, we have noticed a considerable increase in transaction activity during and after the summer, and this trend seems to continue now when we are approaching the last quarter.”

Safa Mahmoudi, Partner.

TM & Partners has assisted Magnolia in an acquisition of project property from Kilenkrysset

TM & Partners has assisted Magnolia Bostad in an indirect acquisition of parts of the property Kungsängen-Tibble 1:478, located in Upplands-Bro, from Kilenkrysset. Magnolia Bostad intends to develop approximately 400 housing units comprising a total of 43,000 sq.m. BTA, and thereby achieving a mixed area with housing units, small houses, and a preschool. The acquisition is conditional upon the zoning plan becoming legally binding, which is expected to take place during 2022. For more information, please see press release.

TM & Partners team consisted of Natalie Bretz (partner), Philip Reznik (senior associate) and Ulrica Alvestrand (associate).

TM & Partners has assisted Bokoop with the divestment of cooperative tenancies in Nykvarn to Trenum

TM & Partners has assisted Bokoop with the divestment of a real estate development project in Nykvarn, comprising of several housing units with a total of 145 cooperative tenancies. Bookoop is a housing cooperative aiming to create socially and environmentally sustainable housing for young adults. Trenum, jointly owned by Tredje AP-fonden and Balder, is the buyer and financer of the project. In connection with the divestment, Bokoop also entered into a long lease agreement (Swe. blockhyresavtal) for 25 years with Trenum concerning the cooperative tenancies.

Törngren Magnell has acted as adviser through the entire project, which has included complex issues relating to inter alia tenancy law, association law and construction law. For more information, please see press release.

Törngren Magnell’s team consisted of:

• Natalie Bretz (Partner)
• Jens Haneklint (Partner)
• Amela Balijaj (Associate)
• Andreas Sahlstedt (Associate)
• 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 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)

Our real estate team recognised as a leading practice in terms of business volume

For the second time this year, our real estate team’s successful 2018/2019 has been acknowledged by the Swedish real estate press as a leading practice. We are in second place in terms of business volume in Fastighetsvärlden’s list of real estate law firms, with a volume of SEK 55 billion. This is an increase of underlying business volume with almost SEK 30 billion compared to the previous year. Further, we are in third place in Fastighetssverige’s list of firms involved in the largest transactions per employee.

“These rankings are an acknowledgement of our successful strategy to combine a cutting edge financing and transaction expertise. We are immensely proud over the trust our clients place in us when executing their strategically most important transactions. We will continue to improve our offering on the Swedish real estate market in order to meet our clients’ high demands”, said Safa Mahmoudi, partner.

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.