Aareal Bank AG sells Fatburen

Wigge & Partners has advised Aareal Bank AG on the sale of the office property Fatburssjön 10 (Fatburen), on Södermalm in Stockholm, to AMF Fastigheter for a purchase price of SEK 3,06 billion.

Aareal Bank AG acquired Fatburen during 2011 within the scope of a foreclosure. Aareal Bank AG has since then made significant investments to re-position Fatburen on the market and today it is almost fully let.

Closing will take place in April 2016.