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18-Dec-12

Nordika Acquires Office Property in Stockholm

Nordika has acquired a centrally located office property in Kista from LaSalle Euro Growth II.

Nordika has acquired a 25,000 sqm high quality office property located in the strong submarket of Kista, just 7 kilometers north of Stockholm City and along the E4 highway to the Arlanda airport. The property will upon takeover have a vacancy rate of apx. 30% which will increase up to 40% shortly after take over.

Jonas Grandér Nordika, Founder and CEO, commented:

“Although it is a challenging market, we feel confident that Nordika will be able to fill up a majority of the vacant areas within the coming 2-3 years given the flexibility and high quality of the property combined with the strong micro location within Kista. It is a challenge but a challenge we are excited to take on”

For additional information, please contact:

Jonas Grandér
CEO and Co-founder
Mobile: +46 70 750 94 94

Gabriel Cronstedt
Co-founder
Mobile: +46 708 870 995

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