Safa Mahmoudi

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

TM & Partners has assisted Prisma Properties in the acquisition of a retail center with development potential in Gothenburg

TM & Partners has assisted Prisma Properties AB in the acquisition of the properties Gamlestaden 61:12 and 61:13 in Gothenburg at an underlying property value of SEK 365 million, after deductions for latent taxes. The properties, which have great development potential, comprise approximately 13,000 square meters in total, with some of the largest tenants being Willys, Ö&B, Jysk, and McDonald’s.

For more information regarding the transaction, please see the following link:
https://prismaproperties.se/en/cision/prisma-properties-acquires-retail-center-with-development-potential-in-gothenburg-sweden-for-sek-365-million/

TM & Partners’ team consisted of:
Safa Mahmoudi (Partner)
Andreas Sahlstedt (Senior Associate)
Oskar Warberg (Associate)
Matilda Andersson (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 Cibus Nordic Real Estate AB (publ) in connection with the acquisition of a grocery anchored property portfolio

TM & Partners has assisted Cibus Nordic Real Estate AB (publ) in connection with the acquisition of a grocery anchored property portfolio from Företagsparken Norden Holding AB (publ). The properties are located in Värmland and have a total lettable area of approx. 8,900 sq.m. The underlying property value is MSEK 87.5. The anchor tenants are Pekås i Värmland AB (Coop) and ICA Sverige AB.

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

https://www.cibusnordic.com/investors/press/news/?slug=cibus-nordic-real-estate-ab-publ-signs-and-part-closes-an-28176

https://www.placera.se/placera/pressmeddelanden/2024/05/28/foretagsparken-norden-holding-ab-publ-foretagsparken-avyttrar-livsmedelsfastigheter-for-875-mkr.html

https://www.fastighetsvarlden.se/notiser/foretagsparken-avyttrar-livsmedelsportfolj-i-varmland/

TM & Partners’ team consisted of
Safa Mahmoudi (Partner)
Amela Balijaj (Senior Associate)
Oskar Warberg (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 Managing Partner Safa Mahmoudi:
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 Nordr in connection with the sale of a prime residential property

We have assisted Nordr in connection with the sale of a prime residential property project located in Gothenburg to Realy Bostad. The residential project includes 76 newly produced rental apartments to be completed by Nordr during the spring.

The project represents the last rental apartments to be completed in this area, in line with the comprehensive plan that has included the development of 1,100 new apartments and the renovation of existing stock, helping to enhance the attractiveness of the area.

For more information, please visit Fastighetsvärlden.

Our team consisted of:

• Safa Mahmoudi (Managing Partner)
• Amela Balijaj (Senior Associate)
• Johan Aronsson (Senior Associate)
• Patrik Arosenius (Associate)

Our real estate team climbs the rankings in terms of business volume

Our strong real estate team has once again been acknowledged by the Swedish real estate press. We are in fourth place in terms of business volume in Fastighetvärlden’s list of real estate law firms. With a volume of SEK 47.6 billion, we climb this chart of real estate practices with the largest business volume compared to last year.

“To not only qualify but also climb this prestigious list during a very challenging transaction year shows that the market recognizes and appreciates our cutting-edge financing and transaction expertise. Combining these fields of expertise allows us to advise our clients in their most challenging transactions and be a trusted advisor. We are very grateful for the trust our clients place in us”, said Safa Mahmoudi, Managing Partner.

We have assisted Unobo in connection with the sale of a prime residential property

We have assisted Unobo in connection with the sale of the property Guldgubben 1 in Helsingborg to Resinova.

The agreed property value amounts to SEK 197 million. The property, located near Maria station in northern Helsingborg, was constructed in 2020. It consists of 95 apartments with 4,846 square meters of usable area, in addition to a share of a garage.

“Guldgubben is a newly constructed property in a prime location, which enabled a mutually beneficial deal. Through this transaction, we are strengthening Unobo’s financial position and freeing up capital to invest in our existing portfolio, both in Helsingborg and in our 14 other locations throughout Sweden.” says Carl-Johan Hansson, CEO of Unobo.

For more information, please visit Fastighetsvärlden.

Our team consisted of:

• Safa Mahmoudi (Managing Partner)
• Andreas Sahlstedt (Associate)
• Patrik Arosenius (Associate)

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)

New Managing Partner at TM & Partners – “TM & Partners will always strive for excellence”

TM & Partners has today appointed Safa Mahmoudi as new Managing Partner. He succeeds Kristoffer Stråth, who returns to working full-time as partner and head of the firm’s dispute resolution team.

Safa is active in the firm’s real estate team, focusing on domestic and international real estate transactions and commercial tenancy law, and has been part of the firm’s management team since 2020. In addition to his role as Managing Partner, Safa will continue his business in the firm’s real estate practice.

“It is with a great enthusiasm I take over the role of Managing Partner. Under Kristoffer’s leadership, we have made a remarkable transition from a boutique firm with thirty employees “who punch above our weight” to a large firm with close to eighty employees who assist our clients with their most complex transactions.”, Safa says.

Safa continues: “We face new opportunities and challenges and I look forward to leading the changes that today’s society and in particular the development in AI require. An innovative approach is required. In addition to being experts with specialist knowledge, our clients increasingly demand strategic and more holistic advice. We are not only expected to possess the necessary legal expertise and offer high availability, but also to be the trusted advisors who act as a sounding board and a business partner in a broader sense. This requires a clear and intentional business acumen, commitment at all levels and a curiosity of the world around us. In this context, the team at TM & Partners will always strive for excellence.”

Kristoffer Stråth comments: ”Safa will without doubt be a perfect successor as the new Managing Partner. He stands for the firm’s most important core values ​​and has a business drive that is unique! I know that he is absolutely the right person to continue leading the firm’s work with the ambition to realize the incredible power and potential we have in the house – for the benefit of the firm and our clients. I am extremely honoured to have been entrusted with the role of MP since 2018. I will now focus on leading and developing the firm’s dispute resolution team. I see great opportunities for continued growth and to build on the increasingly exciting and challenging assignments we receive. I also look forward to devoting myself fully to client work again.”

At the same time as the change of Managing Partner, Cecilia Rudels, partner Banking & Finance, has been elected as a new member of the firm’s management team. The management team at TM & Partners is now made up of Safa Mahmoudi (managing partner), Anna Jerndorf (partner, labor law), Sten Hedbäck (partner, M&A), Cecilia Rudels (partner, Banking & Finance) and Ewa Ihrman (COO).

We have assisted Nordr in a sale of a residential property

We have assisted Nordr in a sale of a residential property in Veddesta to Reliwe.

The purpose of the transaction is to add approximately 300 rental apartments in the area, which today mainly consists of co-operative apartments. Construction is planned to commence in the beginning of 2024.

For more information, please visit Cision or Fastighetsvärlden.

Our team consisted of:

• Safa Mahmoudi (Partner)
• Amela Balijaj (Senior Associate)
• Andreas Sahlstedt (Associate)

TM & Partners real estate team is attending Almedalen, please do not hesitate to contact us if you would like to discuss the Swedish real estate market.

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)

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)

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 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 legal advisor to Samfastigheter i Norden in the purchase of several LSS properties

During the last couple of months, TM & Partners has advised Samfastigheter i Norden in five separate purchases of LSS properties around Sweden, with the focus on social infrastructure. The properties are situated in Timrå, Kungälv, Enköping, Bromma and the municipality of Ulricehamn.

For more information, please see press release regarding Timrå, Kungälv, Ulricehamn, Bromma and Enköping.

TM & Partners’ team in all transactions consisted of Safa Mahmoudi (Partner) and Andreas Sahlstedt (associate).

TM & Partners ranked by Chambers Europe 2022

Chambers and Partners Europe has published the 2022 ranking of Europe’s leading law firms, where we can proudly state that we are ranked in three categories.
TM & Partners are ranked partly as a firm, partly in the following business areas: M&A, banking and finance and employment law. In addition, seven of our partners are ranked: Anna Jerndorf, Cecilia Rudels, Tobhias Brandell, Safa Mahmoudi, Niclas Högström, Per Granström & Sten Hedbäck.

TM & Partners has assisted Serendipity’s property company, S. Property Group, in connection with a purchase of an urban development project and sale of parts thereof

TM & Partners has assisted Serendipity’s property company, S. Property Group, in connection with a purchase of an urban development project  in Brobyholm, in the municipality of Strängnäs, from Åkers Krutbruk Fastigheter, and sale of parts of the project to Obos, Aros Bostad and Vernum. The urban development project  includes 100,000 sq. m. where 500 residential units, preschool premises, elderly homes and a visitor centre will be located.  For more information, please see here and here.

TM & Partners’ team consisted of:

• Safa Mahmoudi (Partner)
• Amela Balijaj (Senior Associate)
• Andreas Sahlstedt (Associate)
• Cecilia Rudels (Partner, Banking and Finance)

TM & Partners has assisted Cibus Nordic Real Estate in connection with an acquisition of a daily goods property

TM & Partners has assisted Cibus Nordic Real Estate AB (publ) in connection with the acquisition of a real estate with a grocery store completed during 2020, and a building under construction containing social services, in South of Sweden for EUR 15.7m. Coop is the anchor tenant. For more information, please see press release.

TM & Partners’ team consisted of:

• Safa Mahmoudi (Partner)
• Ulrica Alvestrand Körling (Associate)
• Andreas Sahlstedt (Associate)

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 Cibus Nordic Real Estate in connection with two acquisitions

TM & Partners has assisted Cibus Nordic Real Estate AB (publ) in connection with two separate acquisitions.

Cibus has acquired Charlottenberg trade park from från Concilia Retail Property AS and Skips AS Tudor. The trade park is located approx. 6 km from the Norwegian border with tenants such as ICA Sverige and Lidl. The purchase price amounts to EUR 28.3m. For more information, please see press release.

Cibus has also acquired a grocery store under construction in the Gothenburg area, with Willys as the sole tenant. The purchase price amounts to EUR 11.5m. For more information, please see press release.

TM & Partners’ team in both transactions consisted of:

• Safa Mahmoudi (Partner)
• Ulrica Alvestrand Körling (Associate)
• Andreas Sahlstedt (Associate)

TM & Partners has assisted OBOS in the creation of a project development company with Åke Sundvall

TM & Partners has assisted OBOS in the creation of a project development company with Åke Sundvall regarding the development and sale of 160 residential units and townhouses in Barkarbystaden, a suburb to Stockholm. Construction is expected to start in late 2021 with an expected completion date in 2024. For more information regarding the transaction, please see press release press release.

TM & Partners’ team consisted of Safa Mahmoudi (Partner) and Ulrica Alvestrand Körling (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 Nordr in a forward funding sale of a project property to Willhelm

TM & Partners has assisted Nordr, in a forward funding sale of an attractive residential project property in Sundbyberg, Stockholm to Willhem. The project consists of approx. 230 residential units in two separate buildings with a total gross floor area of approx. 14,500  sq. m. and commercial premises and garage with a total gross floor area of approx. 3,700 sq.m. Agreed property value is MSEK 727.
For more information, please see press release.

TM & Partners’ team consisted of Safa Mahmoudi (partner), Amela Balijaj (senior associate) och Mark Gebert (associate).

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 OBOS in concluding a letter of intent for a unique urban development project in Skeppsbron, next to the Göta Canal in central Gotherburg

TM & Partners has assisted OBOS in concluding a letter of intent with AF Gruppen according to which the parties shall carry out a unique urban development project in Skeppsbron, next to the Göta Canal in central Gothenburg. OBOS will create a joint venture company with AF Gruppen and together carry out the development of Skeppsbron, which comprises around 125 condominium apartments. Construction is expected to start in 2025. For more information regarding the transaction, please see press release.

TM & Partners’ team consisted of Safa Mahmoudi (Partner) and Ulrica Alvestrand Körling (Associate).

TM & Partners has assisted Samfastigheter i Norden in the sale of a portfolio of LSS properties and creation of a JV with Estea

TM & Partners has assisted Samfastigheter i Norden in the sale of a portfolio of LSS properties and creation of a JV with Estea, with focus on social infrastructure properties in attractive locations in Sweden. The leasable area for the initial portfolio of 14 properties amounts to 8,297 sq.m. with an underlying property value of MSEK 350. For more information, please see pressrelease 

TM & Partners’ team consisted of:

• Safa Mahmoudi (Partner)
• Amela Balijaj (Senior Associate)

TM & Partners has assisted OBOS in the acquisition of an attractive project property in a Stockholm suburb

TM & Partners has assisted OBOS in the acquisition of building rights at Träkvista Torg on Ekerö, a suburb to Stockholm, from TryggHem. The acquisition is part of OBOS’ continued expansion in Sweden and encompasses building rights which allows for the development of approximately 130 apartments in various sizes with construction planned to start in autumn 2022. For more information regarding the transaction, please see press release.

TM & Partners’ team consisted of:

• Safa Mahmoudi (Partner)
• Ulrica Alvestrand Körling (Associate)
• Andreas Sahlstedt (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 OBOS in the purchase of an attractive project property in central Nacka

TM & Partners has assisted OBOS, in the purchase of a residential project property (Elverkshuset), one of the largest residential projects in the central part of Nacka. The purchase is part of Obos’ ambitious planned investment to double its residential production in Sweden from 1,500 to 3,000 units per 2026, with an increased focus on large city areas. For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (partner), Amela Balijaj (project leader), Johan Aronsson (associate) och Mark Gebert (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 Mitsubishi Estate and Europa Capital, in a purchase of an office project in Stockholm CBD

Törngren Magnell & Partners has assisted Mitsubishi Estate and Europa Capital, in a purchase of an attractive office project property in Stockholm CBD from AFA Insurance. The property is located on Sveavägen 32-36 and comprises approx. 7,000 sq. m. office area. This is Mitsubishi Estate’s and Europa Capital’s second purchase in Sweden.

We are very pleased and proud to be entrusted again in connection with Mitsubishi Estate’s and Europa Capital’s purchase of an office property in Stockholm CBD, says Safa Mahmoudi, responsible partner. The purchase also shows that office properties in Stockholm CBD are still very attractive investments for international investors. Now an exciting project will commence to create sustainable and modern offices in a super location, together with NCAP.

For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (responsible partner), Amela Balijaj (project leader), Andreas Sahlstedt and Johan Aronsson (associate).

TM & Partners has assisted Nordr in a forward funding sale of a project property to bantorget hyresbostäder

Törngren Magnell & Partners has assisted Nordr, previously Veidekke Eiendom, in a forward funding sale of an attractive residential project property in Sundbyberg, Stockholm to Bantorget Hyresbostäder.

The project consists of 169 residential units in five separate buildings comprising a total of approx. 9,000 sq. m. For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (partner), Amela Balijaj(project leader) and Andreas Sahlstedt (associate).

TM & Partners has assisted Nordr in a forward funding sale of a project property to Bantorget Hyresbostäder

TM & Partners has assisted Nordr, previously Veidekke Eiendom, in a forward funding sale of an attractive residential project property in Sundbyberg, Stockholm to Bantorget Hyresbostäder.

The project consists of 169 residential units in five separate buildings comprising a total of approx. 9,000 sq. m. For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (partner), Amela Balijaj (project leader) and Andreas Sahlstedt (associate).

TM & Partners has assisted OBOS in a purchase of an attractive project property in Sollentuna

TM & Partners has assisted OBOS, in a purchase of a residential project property (Tårpilen) located in an attractive part of Sollentuna. The Tårpilen project consists of 160 residential units, comprising a total of approx. 14,000 sq. m., and will be an important part of OBOS’ launch of its membership initiative in Sweden. For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (partner), and Amela Balijaj (project leader).

TM & Partners has assisted OBOS in a purchase of an attractive project property in Sollentuna

TM & Partners has assisted OBOS, in a purchase of a residential project property (Tårpilen) located in an attractive part of Sollentuna. The Tårpilen project consists of 160 residential units, comprising a total of approx. 14,000 sq. m., and will be an important part of OBOS’ launch of its membership initiative in Sweden. For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (partner), and Amela Balijaj (project leader).

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 Nordr (previously Veidekke Eiendom) in a sale of a project property to Aberdeen Standard Investments

Törngren Magnell & Partners has assisted Nordr, previously Veidekke Eiendom, in a sale of a residential project property in Sisjödal, Gothenburg, to Aberdeen Standard Investments. The project consists of 160 residential units in four separate buildings comprising a total of approx. 8,440 sq. m. The sale is the company’s first in the Gothenburg area to an institutional investor and is a consequence of the expansion of the company’s business. For more information, please see press release.

Törngren Magnell & Partners’ team consisted of Safa Mahmoudi (partner), Cecilia Rudels(partner, finance), Amela Balijaj (project leader) and Andreas Sahlstedt (associate).

Törngren Magnell legal advisor in the creation of a new destination in central Stockholm

Törngren Magnell will assist Europa Capital and NCAP when the famous flagship building drawn by Anders Tengbom on Fleminggatan 20 will undergo a total refurbishment into attractive office spaces. We will provide legal expertise as regards inter alia commercial leases and construction law in this large project that will connect Kungsholmen with and extend Stockholm CBD. For more information, please see press release and interview.

After having assisted Europa Capital and NCAP in the purchase of the property last year, we are very happy that the new owners will continue our co-operation in the leasing and construction phase. This is also an acknowledgement that our strategy to participate in the whole value chain, and not only in transactions, is appreciated by the market, says Safa Mahmoudi (responsible partner).

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.

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.

Our real estate team on second place in terms of business volume

As an acknowledgement of our real estate team’s successful 2018, during which we assisted our clients in several large and strategically important transactions, we are in second place in terms of business volume in Fastighetssverige’s list of real estate law firms. The increase of underlying business volume with almost SEK 30 billion compared to the previous year is mentioned. Safa Mahmoudi, partner, is interviewed and points to the strong interrelation between our strong transaction and financing practices as an explanation. Jens Haneklint, partner, participates as a panel member describing current market trends and challenges, see article.

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 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 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).