MANDATE VINGE ADVISES THE PRAMERICA GROUP IN CONNECTION WITH THE SALE OF ERIKSBERG SHOPPING CENTRE

March 17, 2014

Vinge has advised TMW Pramerica Property Investment GmbH in connection with the sale of Fastighets AB Fogsvansen which owns and manages Eriksberg shopping centre in Gothenburg. The property is situated close to Linholmen in Hissingen and has a lettable area of 10 700 m2, all of which is currently leased to large tenants such AS Coop Extra and Systembolaget.

TMW Pramerica Immobilien GmbH is the European arm of Pramerica Real Estate Investors. The subsidiary, TMW Pramerica Property Investment GmbH acquired Eriksberg shopping centre in January 2005 on behalf of its fund, EuRetail. The Pramerica Group has owned the property for a decade.

Vinge’s team consisted of partner Magnus Pauli together with, among others, associates Mercedes Anderås, Natalie Bäck, Patrik Gargolinski, Lisa Hanicke, Daniel Lennartsson, Thelma Fredin and Frida Matsson as well as project assistant, Josefin Halldén. Partner Fredrik Vinge advised on financing issues and associate Maria Paijkull on environmental issues in relation to the transaction