Redevelopment of a historic office building – Transformatorverkstaden – into micro-living and co-working space in the inner-city of Stockholm. The property is located in a vibrant micro-location with new housing, new offices, restaurants, cafés, school, grocery shops, hotels, and with good public connections.
The property’s industrial heritage, large windows, and high ceilings create the potential for both an attractive living and working environment. The business plan is based on converting the building into micro-living loft apartments and co-working space, targeting young professionals, students and single-family households.
The property was acquired in October 2018 in partnership with one of Europe’s largest institutions for the purpose of developing, managing and owning newly built micro-living apartment buildings in Sweden, Finland, Denmark, Norway and Germany.