The property is centrally located in Växjö and comprises just under 3,800 square metres of lettable area. It is fully leased to a mix of tenants including grocery retail, a gym, restaurants, and service businesses. In total, 87 percent of rental income is generated by Lidl and Nordic Wellness, the property’s two largest tenants.

“The property has a strong tenant structure, and we are pleased to deepen our collaboration with Lidl and Nordic Wellness, both of whom we know well from previous dealings. The acquisition aligns closely with our strategy of investing in grocery-anchored retail properties with stable cash flows and a strong local presence,” says Gustav Lilliehöök, Head of Transactions at Arwidsro.

Arwidsro was advised by Skierfe Advokatfirma in connection with the transaction.