Swedish Alecta completes massive global portfolio sale

Despite an uncertain global economic environment, investors and lenders remain drawn to the commercial real estate safe havens of the United States and United Kingdom. On behalf of Alecta, a Swedish occupational pension fund manager with approximately $85 billion under management, JLL’s Global Capital Markets experts announced the firm completed the sale of a global …

Swedish EQT Real Estate acquires grade A office park in Cologne, Germany

  Swedish private equity firm EQT Real Estate announced its first acquisition in German real estate – a 116,155 square metre office park located in close proximity to Cologne’s central business district for a purchase price of EUR 188 million. The acquisition comprises 7 different office buildings located within the park. Each building is accompanied …

Bilfinger sells property business to EQT for €1.4 bln

EQT VII has signed an agreement with Bilfinger SE to acquire Bilfinger’s business segment Building and Facility subject to the receipt of customary regulatory approvals. The purchase price corresponds to an enterprise value of EUR 1.4 billion. It comprises a cash component and a deferred purchase price component with annual interest upon maturity. As part …