German insurance company Allianz has sold the Stockholm CBD property Jericho 34. Jones Lang LaSalle advised Allianz on this transaction.
/ Source: Arendator.ru
The property's rentable area exceeds 21,000 square meters, is fully leased to among others EY which is the largest tenant and consists of offices, shops and residential units. The building is modern, flexible and of a high technical standard.
The buyer is AMF Fastigheter. The acquisition closed on 2 December 2013, with a property value of about SEK 1.6 billion.
Allianz acquired the property in 2005 from Diligentia.