Danish property company Sjaelso Gruppen has acquired a 25,000 m[sup]2[/sup] office building in Solna, in the outskirts of Stockholm, for SEK 290mln (EUR 31mln) from Swedish property company Vasakronan. The deal also includes a 50,000 m[sup]2[/sup] land plot which Sjaelso, in partnership with the Solna municipality, will transform into a 60,000 m[sup]2[/sup] residential and office complex. The office building is partly leased to Sweden's Working Environment Agency. The remaining part of the building is expected to be leased to one or more tenants, Sjaelso said. Sjaelsö Sweden will assume ownership on 1 October 2008.
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