The HagaBlue was the final investment in Mengus’ second fund and a great contribution to the portfolio. The property was 65% vacant at acquisition and such leasing potential suits Mengus perfectly.
Erected in 2002 by Skanska, the building encompasses 10 200 sqm lettable area (plus garage) and is modern with high floor-to-ceiling heights and bright and flexible floor plates.
The property is attractively located in Haga, Solna, next to the E4 motorway. Haga is rapidly developing into one of the most vibrant business areas in Stockholm and a new subway line is coming to the sub-market in a few years which further strengthens the offering to the tenants.