Diös acquires a commercial property in central Falun in Sweden

Diös has purchased a commercial property on Holmgatan in the very centre of Falun. The objective of the acquisition is to complement existing properties in the portfolio and further strengthen the company’s presence in the city centre.

Diös acquires a commercial property in central Falun in Sweden
Diös acquires a commercial property in central Falun in Sweden.

Diös already owns several commercial properties in central Falun, including the Bergströms and Falan shopping centres. The property being purchased on Holmgatan, Vedkompaniet 2, is strategically located perfectly between the two shopping centre properties, which will help to further enhance this area of the pedestrian street.

“Acquiring this property right in the centre of Falun feels great. It complements our existing ownership and positions us well for continued urban development,” says Lars-Göran Dahl, Head of Business Development, Diös.

The property consists entirely of commercial premises, with the largest tenant being Drottning Blankas upper-secondary school, which is part of Academedia. The transaction will take place in a company form and the result will be reported in the fourth quarter of 2019.

In total, the value of the property amounts to EUR 9.1 million and the total lettable area encompasses some 5,500 square metres. The seller is Hemgården Fastighetsaktiebolag and transfer of ownership will take place on 29 November 2019.