Panreal advises Union Investment on the acquisition of Kållered Retail Park

Union Investment has acquired Kållered Retail Park in Gothenburg from Ingka Centres. The transaction comprises one of Western Sweden's leading retail park destinations, offering approximately 32,000 sqm of lettable area and a strong line-up of well-established national and international retailers. The transaction value amounts to approximately SEK 900 million.

Panreal advised Union Investment throughout the commercial due diligence process, providing analyses of market conditions, retail dynamics, competition, tenant quality and the property's long-term commercial fundamentals in support of the investment decision.

The acquisition represents another assignment for Union Investment in the Swedish market and follows Panreal's previous advisory role in connection with the sale of Sisjö Entré in Gothenburg earlier this year.

‍"Kållered Retail Park is a well-established retail destination with a strong market position and an attractive tenant mix. We are pleased to once again support Union Investment and sincerely appreciate their continued trust. We would also like to congratulate all parties on a successfully completed transaction." – Peter Malmberg, Partner, Panreal

‍