BPPEH Acquires Stockholm Office Property
BPPEH has closed on the acquisition of a Grade-A office property in Stockholm. The acquisition is consistent with BPPEH’s strategy of investing in high-quality office properties within European knowledge centres.
The 12,300 square meter creative office property is well-located in Stockholm’s technology district, Södermalm, and is BREEAM Very Good certified. The property is currently 99% leased, primarily to Spotify.
Blackstone Property Partners Europe Holdings S.à r.l. (“BPPEH”) invests in high-quality, substantially stabilised real estate assets across Europe. Investments are concentrated in the logistics, residential and office sectors, with a focus on major European markets and key gateway cities. BPPEH is 100% owned by Blackstone Property Partners Europe.