Swedish property developer Atrium Ljungberg has announced the acquisition of the Eken 6 office scheme in Sundbyberg near Stockholm through a share deal worth SEK 1 bn (€111 mln).

The asset, which was bought from asset manager Areim, provides around 28,500 m2 of space across three buildings generating around SEK 68 mln in rents.Closing is expected for September 2016.

The property is multi let to 20 tenants in total, the largest of which are the unemployment insurance fund Alfa-kassan and the Swedish Enforcement Authority. The weighted remaining lease term is approximately four years and the occupancy rate is 93.5%.

'Solna/Sundbyberg is an interesting market where future development projects provide opportunities to us for continued growth. Just like our other locations, here we want to develop long-term sustainable urban environments together with the municipality, tenants and other collaboration partners,' said Annica Ånäs, CEO of Atrium Ljungberg.