Grosvenor Fund Management is under offer to buy Skärholmen Centrum, one of Sweden’s leading shopping centres, on behalf of its Retail Centres V (Sweden) fund.
The 1m sq ft centre is home to more than 175 retailers, including H&M and an ICA supermarket.
Giles Wintle, regional director at GFM Europe, said: “Skärholmen Centrum is a unique asset and this acquisition emphasises GFM’s commitment to the retail sector in Sweden.”
PBB Deutsche Pfandbriefbank supported GFM with the financing by fully underwriting the debt. PWC, Cederquist, Ramböll, Clifford Chance and TAM Retail also advised GFM on the acquisition.
CBRE advised the vendor
