The acquisition comprises a total of 23,200 square metres of retail space, with a tenant mix consisting of established grocery and discount retailers.

"Tallen meets all of our strategic acquisition criteria. The combination of a strong regional catchment area and a well-balanced mix of retailers makes the property a valuable addition to our portfolio," says Jöran Rydberg, Head of Transactions at Svenska Handelsfastigheter.

The acquisition comprises four properties that together account for the largest share of retail space at Tallen.

The retail park accommodates a diverse mix of well-established tenants, including City Gross, Systembolaget, Apoteket, Jula and Dollarstore.

Tallen is situated along the E16 corridor between Falun and Borlänge, providing excellent accessibility for visitors from a large regional catchment area. The retail park is currently regarded as one of Dalarna's leading retail destinations and is undergoing a period of strong growth. Among other initiatives, Falun Municipality is actively working on development plans to further expand retail activities in the area, an initiative to which Svenska Handelsfastigheter also intends to contribute. At the same time, extensive residential development is underway in the surrounding area, which is expected to further strengthen the local customer base over time.

"We now look forward to establishing a close, long-term partnership with Falun Municipality and the retailers to continue developing Tallen to its full potential while creating sustainable value for the entire region," says Jöran Rydberg, adding:

"We are entering as a committed, long-term property owner with the ambition of becoming a natural partner for retailers and a collaborative partner for the municipality. By investing in the location, we will ensure that Tallen continues to grow and further strengthens its position as a leading retail destination over time."

The seller, Dalafast, is also confident that Svenska Handelsfastigheter will make a positive contribution to Tallen's continued development.

Dalafast acquired its first property in the retail area almost nine years ago and has since acquired and developed several properties at Tallen.

"It has been an incredibly rewarding journey and a positive collaboration with Falun Municipality and the tenants," says Marcus Lundberg, owner of Dalafast.

Colliers and Morris Law acted as advisers to the seller, while Advokatfirman Vinge advised Svenska Handelsfastigheter.