Cederquist has advised Alecta Fastigheter in connection with the acquisition of the former casino building in central Stockholm (Hasseln 1 formerly Casino Cosmopol)

Cederquist has acted as legal advisor to Alecta Fastigheter in connection with the acquisition of the former casino building, the property Hasseln 1, in central Stockholm from Svenska Spel. The property is culturally protected and has a floor space of approximately 5,300 square metres, most of which has been used as casino space.

Alecta Fastigheter intends to develop the property with high-quality offices and event activities, which means that the premises will be given a new purpose and continue to contribute to a vibrant city centre in Stockholm.

Alecta Fastigheter is owned by Alecta and the revenues are returned to Alecta’s approximately 2.8 million pension savers throughout Sweden. Alecta Fastigheter manages properties mainly in Stockholm and Gothenburg, but also in Jönköping, Kalmar, Lund and Örebro. The property value amounts to approximately SEK 56 billion.

Cederquist’s team consisted of Erika Åslund, Oskar Högberg, Andrea Sedvall, Clara Norrbohm and Anna Perklev.