TRIUVA SELLS A PRIME RETAIL PROPERTY IN HELSINGBORG, SWEDEN

Stockholm, November 30, 2015 – TRIUVA Kapitalverwaltungsgesellschaft mbH has divested a prime retail property in Sweden to Skandia Fastigheter. The property Helsingborg Marknaden 2 consists of 29,431 sq m lettable area and comprises the major part of Väla Retail Park, the main shopping area serving Helsingborg and its surroundings.

The property benefits from an excellent location adjacent to the IKEA warehouse and the Väla Centrum shopping centre. The property accommodates well-renowned national and international retailers, such as Media Markt, ÖoB, XXL, Coop, ElGiganten and Toys ‘R Us. Shortly, Granngården and Dormy will open their stores at the property.

“Ever since our acquisition in 2005, our main focus has been preserving and enhancing the good quality of the property. New tenant additions such as Media Markt, ÖoB and XXL, a redevelopment of the local infrastructure in the area in cooperation with IKEA and Skandia Fastigheter have all contributed to Väla’s attractiveness as a sought-after retail location, proven by the recent two lettings to Granngården and Dormy”, says Marlene Åkerberg, Director Asset Management at TRIUVA’s Sweden office.

“TRIUVA trusts that Skandia Fastigheter is the right future owner for Väla due to the company’s engagement in the area. TRIUVA will continue working on other ongoing projects in Sweden, primarily the new 4,000 sq m addition to the Stockholm Quality Outlet, located in Barkarby, Stockholm. Furthermore, TRIUVA is looking at new investment opportunities in Sweden”, says Jörg Laue, Director Investment Management at TRIUVA.

CBRE, Roschier and Rödl & Partner acted as advisors to TRIUVA in this transaction, closing on November 30, 2015.

For additional information, please contact:

Marlene Åkerberg
e-mail: marlene.akerberg@triuva.com
Tel: +46 73 201 00 71

Jörg Laue
e-mail: joerg.laue@triuva.com
Tel: +49 151 15 00 28 03

Bojan Ticic
e-mail: bojan.ticic@cbre.com
Tel: +46 70 315 51 18