Mengus 2019 is the largest fund initiative launched by Mengus so far.
Like its predecessors it focuses on commercial real estate in the Stockholm area.
In January 2020, Mengus 2019 made its first investment by acquiring the partly vacant office property Sparrisen 2. This Solna property was erected in 1974 and is located with direct access to the Metro. Lettable area totals some 12,700 sqm. The vacancy is about 35% with remaining premises leased by some 10 tenants, of which Unilabs and TeamOlmed are the largest. The property offers great potential for value creation through upgrade of the premises in conjunction with reduced vacancy and, as such, provides a very good match with the value-add profile of the fund. Mengus will shortyly be able to offer highly attractive, greatly connected office premises just outside the City limit in an increasingly vibrant area.