CBRE Investment Management (CBRE IM), on behalf of a fund sponsored by the firm, has exchanged contracts on a fully let, recently completed residential asset in Barkarbystaden, Stockholm.
This state-of-the-art asset totals 16,874 square meters (181,630 square feet), including 350 affordable residential units, 105 garage units and 2,547 square meters (27,416 square feet) of commercial area on the ground floor. The asset has been built with state investment subsidies, and therefore, rents are affordable for lower-income households. It has strong EPC performance and is certified with Miljöbyggnad Silver. Solar panels and geothermal heating systems are also in place.
Barkarbystaden is one of the largest urban development projects in northern Europe and is expected to be fully completed in 2035. Once developed, the dis
