The letting marks an important step in the continued development of Kruthuset and makes Arbetsförmedlingen one of the property's major tenants. The property comprises approximately 68,000 sqm and is strategically located on Kruthusgatan, close to Gothenburg Central Station and within an area undergoing extensive urban development.
“The office market continues to evolve, with tenants placing increasing importance on location, accessibility and the quality of their working environments. We believe that well-located properties with the right characteristics and flexibility will remain attractive over time. Understanding these market dynamics and actively developing our assets to meet changing demand is central to our approach to real estate investing,” says Rikard Henriksson, Head of Real Estate at Niam Group.
“We are very pleased to welcome Arbetsförmedlingen to Kruthuset. This letting further strengthens the property and aligns with our ambition to develop Kruthuset into an attractive long-term destination for both public- and private-sector organisations. Its central location, distinctive character and ability to accommodate large-scale, flexible office requirements make it well suited to organisations with high demands on accessibility and functionality,” says Erik Rydström, Fund Manager at Niam.
Kruthuset is already home to several major public-sector organisations, including the Swedish Customs Service (Tullverket) and the Swedish Transport Administration (Trafikverket). Arbetsförmedlingen's arrival further strengthens the property's position as a hub for public-sector and socially important organisations in a central and well-connected location in Gothenburg.
Newsec acted as advisor to Niam in the leasing process.
Contact
Olivia Lindelöf, Head of Communications, olivia.lindelof@niam.com, +46728867537
About Niam
Niam Group is a leading private markets firm in the Nordics, focused on Real Estate, Infrastructure and Credit. Founded in 1998, Niam was among the first to introduce real asset private equity to the Nordic region. Over the past decades, we have executed some of the region’s most notable transactions. Since inception, Niam has raised more than EUR 7.5 billion in capital and currently holds around EUR 5.2 billion in assets under management across 11 active funds. We are headquartered in Stockholm with offices in Oslo, Copenhagen, Helsinki, Luxembourg, London, and Zurich. As our platform continues to expand, we remain dedicated to the values that define both Niam and the Nordics: transparency, integrity and resilience.
More info: www.niam.com
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