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Alma Property Partners acquires a unique development project in Uppsala from Rikshem

Press release   •   Feb 19, 2019 12:00 GMT

Alma Property Partners acquires one of the most centrally located development properties in Uppsala

Alma has acquired the development property Fålhagen 3:1, commonly known as Sivia Torg, with a unique location in one of Uppsala’s most expansive areas and in close proximity to the Uppsala central train station and the Uppsala Concert & Congress center. During 2018, a new zoning plan for the property was approved, which enables a comprehensive development of office, retail, restaurant, hotel and residential usage. Alma will take ownership of the property on May 2, 2019 and is carrying out the acquisition together with Mässing Properties.

“For some time now, we have identified Sivia Torg as one of the most interesting development opportunities in Uppsala. Our ambition is to realize the full potential of the property in close cooperation with the municipality of Uppsala and other stakeholders in the area,” says Simon de Château, Partner and CIO for Alma Property Partners.

“It feels incredibly exciting to work with Alma to develop one of the most central city blocks in Uppsala. We will create an attractive area and meeting place for Uppsala residents with a diverse offering of services and activities that will bring more life and activity to the area,” says Fredrik Mässing of Mässing Properties, who is responsible for the development of the area.

Alma Property Partners is a real estate investment company focused on the Nordic Region. The company is built on the principles of active ownership and strong alignment with investors and is therefore fully owned by senior team members that work actively within the company. The team has extensive experience and a strong track record in Nordic real estate investment and asset management. Alma Property Partners aims to become the leading Nordic real estate investment company and the partner of choice for institutional investors seeking real estate exposure in the Nordic Region. For more information, please visit almaproperty.se.

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