Alecta

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Blackstone Nabs $1.7B US Portfolio from Swedish Pension Fund
JLL has arranged the transaction, which is part of the $2.1 billion disposition of Stockholm-based Alecta’s 4.5 million-square-foot international commercial portfolio.
New York
JLL to Market 48-Asset Portfolio for Swedish Investment Fund
JLL has been retained by Sweden's largest pension fund to market a global office, retail, multifamily and industrial portfolio.
International
Mixed-Use Project to Replace Yacht Factory and Marina
A 21-acre site—formerly a yacht manufacturing facility and now home to a 90-slip marina—traded hands recently and the new owner has great plans for its future.
Miami

  • New Condo Building in First Hill Announces Construction Start Date; Hospitality Market Continues to Raise Interest

    As Seattle’s multifamily market soars with a large number of projects currently going and a backed up development pipeline for the next five years, a new project has popped up in First Hill. Developer Lowe Enterprises Investors has announced the start of construction on its Seneca St. condominium project some time during the middle of 2014.

    Seattle 12 November 2013 07:06

  • Lowe, Alecta Form JV to Develop Seattle-Area High-Rise

    Lowe Enterprises Investors and Alecta, Sweden’s largest mutual pension company, have formed a joint venture to develop a 24-story condominium building in the First Hill area of Seattle.

    Seattle 28 October 2013 14:21

  • First Hill Residential Tower Gets Approval from City’s East Design Review Board

    The frantic pace of development that Seattle is witnessing in its multifamily sector is set to see another spike after news recently hit regarding a brand new residential tower project on First Hill. According to the Department of Planning and Development’s website, an application was accepted for a multifamily project at 800 Columbia Street. The developer for the intriguing project is Alecta, a European pension fund that currently has no less than three different multifamily developments in the pipeline for Seattle.

    Seattle 03 September 2013 14:21