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Catella advises Carlyle on sale of Globen City

Catella has acted as advisor to The Carlyle Group in the sale of Globen City and Startboxen.

The buyer was property company Klövern, and the purchase price amounted to SEK3.8bn.
 
The sale is the largest transaction completed in Sweden thus far in 2014.
 
The deal includes the Arenan 2, 3, 6 and 8 properties, as well as the Startboxen 3 property in Solna.
 
“The sale of Globen City is the largest transaction so far this year, so it is clearly prestigious for us to have completed the sale with a good outcome,” says Anders Nordvall, head of the Swedish property advisory services.
 
“We have noted broad interest from both Swedish and international investors during the sale process, which demonstrates the attractiveness of Stockholm and the Globen area,” says Thomas Persson, Catella’s project manager for the transaction.

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