Barings, on behalf of a core European real estate strategy, has sold office property Härolden 44 in Stockholm to KLP Eiendom for 1.5 billion SEK ($156 million). Closing is planned for early September 2025.
Härolden 44, also known as Fleming 7, is located on the east side of Kungsholmen in central Stockholm, and is close to public transport links. The building dates originally from 1964, with extensions carried out in 1989 and again in 2017. It has approximately 10,000 square meters (1.1 million square feet) of lettable space with flexible floor plans that offer open and adaptable spaces for tenants, a key differentiator with other buildings in the area.
The building largely consists of office space while also offering a restaurant, fitness center, parking, indoor parking for bicycles and conference facilities – all of which are rarities for similar properties in the area. It is BREEAM in-use certified with a lift in certification level from Very Good to Excellent d
