Redevelopment of a historic warehouse and office building into apartments for rent and co-working space in the inner-city of Stockholm, targeting young professionals, students and single-family households. The property’s industrial heritage, large windows, and high ceilings create the potential for both an attractive living and working environment.
The project is a leading example of reuse of resources to create a modern and sustainable building.
The property is located in a vibrant micro-location with new housing, new offices, restaurants, cafés, schools, grocery shops, hotels, and with good public connections.
The property was acquired in October 2018 in a joint venture with a global institutional investor, with focus on developing and operating next generation housing in the Nordic region. The JV targeted in excess of 2,000 apartments with strong focus on ESG.