{"id":39240,"date":"2021-07-12T10:43:06","date_gmt":"2021-07-12T10:43:06","guid":{"rendered":"https:\/\/setterwalls.se\/case\/setterwalls-has-assisted-aberdeen-in-a-large-portfolio-transaction-from-wallenstam\/"},"modified":"2022-02-14T13:44:02","modified_gmt":"2022-02-14T13:44:02","slug":"setterwalls-has-assisted-aberdeen-in-a-large-portfolio-transaction-from-wallenstam","status":"publish","type":"assignments","link":"https:\/\/setterwalls.se\/en\/case\/setterwalls-has-assisted-aberdeen-in-a-large-portfolio-transaction-from-wallenstam\/","title":{"rendered":"Setterwalls has assisted Aberdeen in a large portfolio transaction from Wallenstam"},"content":{"rendered":"<p><strong>Setterwalls has acted as legal counsel to Aberdeen Standard Investments Pan-European Fund in their purchase of a residential portfolio from Wallenstam with an underlying transaction value of SEK 1,070,000,000.<\/strong><\/p>\n<p>The portfolio consists of two completed residential properties and a project property. Both of the existing properties were built by Wallenstam in 2017 and are fully let residential properties with minor elements of commercial premises. The property Gr\u00e4nby 9: 6 with address Bruno Liljeforsgatan 62-64, 68 \/ R\u00e5byv\u00e4gen 63 A-D comprises approximately 6,800 sq.m. including garage while the property Sala Backe 47: 1 with address Johannesb\u00e4cksgatan 49-59 comprises approximately 9,400 sq.m. including garage. Closing of these two properties, with a total of approximately 250 apartments, is set to 1 September 2021.<\/p>\n<p>Closing of the Kvarng\u00e4rdet 71: 1 property with the project name Bers\u00e5n is prelimiarily set to 1 November 2023 after approved final inspection and issuance of final certificate (Sw. slutbevis). Wallenstam will complete the project and manage the leasing process before closing.<\/p>\n<p>ASPER is an open core fund with assets exceeding EUR 1 billion. The investors in the fund are mainly institutional investors. The fund focuses on dividends and capital growth. The fund invests in modern, high-quality residential properties in large cities across Europe. Sustainable construction is a central factor in the funds investmements. In Sweden, ASPER already owns residential properties in Stockholm and Gothenburg. ASPER was represented by DEAS Asset Management.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong>Setterwalls has acted as legal counsel to Aberdeen Standard Investments Pan-European Fund in their purchase of a residential portfolio from Wallenstam with an underlying transaction value of SEK 1,070,000,000.<\/strong><\/p>\n<p>The portfolio consists of two completed residential properties and a project property. Both of the existing properties were built by Wallenstam in 2017 and are fully let residential properties with minor elements of commercial premises. The property Gr\u00e4nby 9: 6 with address Bruno Liljeforsgatan 62-64, 68 \/ R\u00e5byv\u00e4gen 63 A-D comprises approximately 6,800 sq.m. including garage while the property Sala Backe 47: 1 with address Johannesb\u00e4cksgatan 49-59 comprises approximately 9,400 sq.m. including garage. Closing of these two properties, with a total of approximately 250 apartments, is set to 1 September 2021.<\/p>\n<p>Closing of the Kvarng\u00e4rdet 71: 1 property with the project name Bers\u00e5n is prelimiarily set to 1 November 2023 after approved final inspection and issuance of final certificate (Sw. slutbevis). Wallenstam will complete the project and manage the leasing process before closing.<\/p>\n<p>ASPER is an open core fund with assets exceeding EUR 1 billion. The investors in the fund are mainly institutional investors. The fund focuses on dividends and capital growth. The fund invests in modern, high-quality residential properties in large cities across Europe. Sustainable construction is a central factor in the funds investmements. In Sweden, ASPER already owns residential properties in Stockholm and Gothenburg. ASPER was represented by DEAS Asset Management.<\/p>\n","protected":false},"author":1,"featured_media":34004,"template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":""},"class_list":["post-39240","assignments","type-assignments","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/assignments\/39240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/assignments"}],"about":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/types\/assignments"}],"author":[{"embeddable":true,"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/users\/1"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/media\/34004"}],"wp:attachment":[{"href":"https:\/\/setterwalls.se\/en\/wp-json\/wp\/v2\/media?parent=39240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}