Svalner Atlas has advised KLP Fastigheter (a subsidiary of the Norwegian real estate company KLP Eiendom) on financial and tax matters in connection with the acquisition of the Waterfront Building in Stockholm from MEAG. The acquisition comprises a modern office building with approximately 25,800 sqm of lettable space, leased to tenants including UC, United Spaces, Essity, Euroclear and Postkodlotteriet. The property is part of the Stockholm Waterfront complex, where KLP Fastigheter already owns the hotel and congress building. The purchase price amounts to approximately SEK 5.4 billion, and the acquisition is KLP Eiendom’s largest ever.

Link to KLP Fastigheter’s press release/website.