Recent work | December 13, 2023

Roschier represented Slättö Core+ in the EUR 300 million acquisition of Estea’s public use real estate portfolio

Slättö Core+ has entered into a conditional agreement to acquire a public use real estate portfolio with 47 properties, totaling around 87,000 square meters, with an underlying value of approximately EUR 300 million from Estea. Roschier represented Slättö Core+ in the acquisition.

The portfolio properties are located in large municipalities in Sweden with a focus on Stockholm and Gothenburg. The portfolio mainly consists of elderly care homes with a remaining lease duration of about 9 years.

Slättö Core+, launched in 2019, is a Swedish investment fund with a Nordic institutional investor base that invests in real estate with a robust and sustainable cash flow profile. With this transaction, the company expands its portfolio to exceed a balance sheet total of EUR 1 billion.

Roschier’s core advisory team comprised Pontus Enquist, Marcus Hedén, Fredrik Mandelholm, Demira Hajdarevic, Natalie Pedersen, Sohail Niknejad, Johannes Wikström, Mahir Silajdzic, John Harryson and Adis Kalakovic.