KLP Eiendom to acquire Härolden 44 of Barings for SEK1.48bn.

KLP Eiendom, a commercial real estate company, agreed to acquire Härolden 44 of Barings, an asset management firm, for SEK1.48bn. “The Stockholm office market has seen a lack of supply of high-quality assets with excellent facilities in desirable central locations, making Fleming 7 a highly attractive proposition to investors. Our tenure saw the previously under-rented property surpass our expectations in terms of rental uplift, and we are now looking to redeploy the proceeds to assets in the future,” Andreas Norberg, Barings Real Estate Managing Director and Country Head Nordics.