Svalner Atlas has advised Vendus on tax matters in connection with the acquisition of 51 retail properties at an underlying property value of approx. SEK 2.7 billion.

The transaction includes the acquisition of 35 retail properties from Trecore Fastigheter, owned by ICA Fastigheter and Bonnier Fastigheter, and in addition 16 retail properties are acquired directly from ICA Fastigheter. All properties are let to grocery retailer ICA under long-term lease agreements. As part of the transaction, ICA Fastigheter and Bonnier Fastigheter will become new shareholders in Vendus alongside existing principal shareholders Nordika and MEL & ME.

For further information in relation to the acquisition, see Vendus’ newsroom.