Sweden — The Development Board decides to allocate land for office purposes in Hammarby Sjöstad to the bankruptcy estate belonging to Oscar Engelbert's former company Parkgate. The project involves the current building on the site being expanded with approximately 6,800 square meters of additional office space, an addition that was started before the bankruptcy but was not completed. However, the bankruptcy estate will not retain the project, as the completion will be carried out by another well-known player. Nordic Property News reveals more.

Sweden — Last week Mengus divested the final part of their second fund when the Fleming 7 property was sold to Barings for approximately SEK 1.1 billion. After the giant divestment the CEO Per Niklasson tells Nordic Property News about the next step for the company.