PRESS RELEASE
Stockholm, September 6, 2019
PRESS RELEASE
Areim Sells Stockholm Landmark
Areim sells a Stockholm landmark, the property Brädstapeln 16 by Barnhusbron, to KPA Pension, an affiliate of the Folksam Group.
“Brädstapeln 16 is a prime example of the type of real estate investment Areim targets. A project that allows us to add lasting value to the urban landscape and create a proud legacy for generations to come. Our business model includes handing over ownership of assets to owners with a track record of responsible and forward-looking property management. We’re therefore very pleased that KPA Pension has acquired Brädstapeln 16”, says Therese Rattik, CEO of Areim.
The property is one of the city’s greatest architectural gems, the realization of an audacious design by the original architects Tengbom and Salamon. Following the acquisition of Brädstapeln 16 in 2014, Areim embarked on a process to revitalize the building complex by integrating it within the neighborhood. The entire property was upgraded to meet modern requirements while retaining the building's unique architectural qualities.
“It has been a both fascinating and rewarding experience to develop and upgrade the Brädstapeln 16 property. Our strong partnerships with the City of Stockholm, our consultants, and contractors have been key to the project’s success. Not only have we brought the building up to date, we have also opened up the largely closed premises to the general public. The addition of shops, fitness center, and restaurants will revitalize the neighborhood outside office hours and boost the general sense of safety. The wide variety of new services will benefit both residents, office workers, and visitors”, comments Erik Ullsten, property manager at Ariem.
With Brädstapeln 16, we have realized our vision of creating a vibrant and welcoming meeting place that is also a hub connecting Kungsholmen to central Stockholm. The sale of Brädstapeln will be completed on November 1, 2019.
For more information:
Therese Rattik, CEO Mob: +46 70 454 65 24 Email: [email protected]
AREIM | Norrlandsgatan 18, 5 tr | SE-111 43 Stockholm | Sweden Tel: +46 (0)8 501 055 00 | Fax: +46 (0)8 501 055 01 | E-mail: [email protected] | www.areim.com
Erik Ullsten, Asset Management, Development Mob: +46 70 991 08 50 Email: [email protected]
About Areim
Areim is a leading Nordic real estate owner and fund manager with offices in Stockholm and Helsinki. For more than 15 years, we have successfully managed investments on behalf of some of the world’s largest institutional investors. We consistently deliver competitive returns in a manner that is both financially responsible and socially sustainable. Our vision is to become the preferred partner for real asset investment in the Nordic region. Forging strong and long-term relationships with tenants, investors and the wider community is key to our continued success. We know that by balancing the needs of today with the demands of tomorrow we can create lasting value for all our stakeholders. Read more at www.areim.com
AREIM | Norrlandsgatan 18, 5 tr | SE-111 43 Stockholm | Sweden Tel: +46 (0)8 501 055 00 | Fax: +46 (0)8 501 055 01 | E-mail: [email protected] | www.areim.com