AREIM Fund 1 purchased the Borgarfjord 3 and 5 properties from SEB Trygg Liv in late December. The properties are located on Torshamnsgatan in the Kista suburb north of Stockholm and contain a combined 25,000 square meters of office and commercial space. The tenant at Borgarfjord 5 is Sony Ericsson, which uses the property for administrative units and R&D activities. Borgarfjord 3 is let to Ericsson.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
