Hines European Property Partners, a fund managed by Hines Interests Limited Partnership acquired Production Facility in Jönköping for SEK 1.4 billion from Nobia AB (publ) (OM:NOBI) on January 19, 2024. In total, Nobia?s cash proceeds are estimated to amount to SEK 1,090 million. Out of the cash proceeds, approximately SEK 330 million are withheld by the buyer and will be paid to Nobia according to certain conditions up until the final completion of the property. Natalie Bretz, Jens Haneklint, Cecilia Rudels and team of Törngren Magnell & Partners acted as legal advisor to Hines Interests Limited Partnership. Rambøll, Newsec advised Hines Interests Limited Partnership on the transaction. PricewaterhouseCoopers Sweden acted as accountant and White & Case LLP acted as legal advisors to Hines Interests Limited Partnership. Savills Sweden Investment AB as transaction advisor to Nobia AB (publ) (OM:NOBI).

Hines European Property Partners a fund managed by Hines Interests Limited Partnership completed the acquisition of Production Facility in Jönköping from Nobia AB (publ) (OM:NOBI) on January 19, 2024.