Sovereign Property Acquires A Site In Lund, Sweden

Sovereign Property is pleased to announce the recent purchase of a site in Lund, Southern Sweden totalling nearly 200,000 sq.m., which is predominantly let to long-standing tenants including A&R Packaging, Thomas Cook and Axis.

With the new railway station to be built alongside and the recent decision to move a water treatment plant to the rear, Sovereign Property believes that the site offers excellent opportunities either to retain in its existing use or consider alternative residential-led schemes.

Sovereign Property is hopefully the first of many international purchases and it would be delighted to discuss other similar value-add opportunities. Please contact Ben Phillips for further information (ben.phillips@waymade.co.uk).