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 — Titania is buying the property Byggmästaren 2 in Solna from Parkgate's bankruptcy estate. The purchase price is EU 13.1 million. It seems about time for a new owner to take over from Oscar Engelbert's, founder of Oscar Properties, company Parkgate, if you ask Martin Eliasson, chairman of the building committee in the city of Solna, as the property has been abandoned for five years and has become a dangerous place in the area.