Serena Properties buys retail properties for SEK 650 million

2020/10/02

In two separate transactions, Serena Properties AB buys four retail properties with discount retail and groceries in Sweden and Finland for a total of SEK 650 million. One transaction includes Moraberg Handelsplats in Södertälje and the other three commercial properties in Helsinki, Lohja and Kokkola in Finland. The seller of Moraberg is Eurocommercial Properties.

The total area amounts to approximately 44,000 sq. m., of which 19,000 sq. m. in Sweden and 25,000 sq. m. in Finland. The largest tenants are Kesko, S-Group, Jula, Rusta, Jysk and Elgiganten. Serena has taken over the properties in connection with the turn of the quarter.

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