13 January, 2017

Nyköping Municipality recently completed a strategic acquisition of a property of approximately 100,000 square meters in Arnö. The Technical Division in Nyköping Municipality will now be relocated to the property, which in turn will enable the construction of 200-300 centrally located Residences. The size of the property also allows for future relocation of other municipal activities and, consequently, among other things, the creation of additional new housing opportunities in central Nyköping. The property was conveyed by Schneider Electric for a purchase price of SEK 56 million.

Foyen assisted Schneider Electric in the transaction through senior associate Richard Sahlberg.

For more information contact:

Richard Sahlberg, senior associate at Foyen

+46 73 719 51 23, [email protected]

Foyen is a law firm which, ever since it was founded in 1987, has carved out three basic principles that define how we work: industry focus, an understanding of business, and outstanding expertise in the relevant areas of the law. And this has served us and our clients well. The firm now has some 80 employees in Stockholm, Gothenburg, Malmö and Falun.

Our primary practice areas are in the construction and property sector, technology-intensive industry, mining and forestry, public transactions, the energy sector, the environmental sector, IT law and cross-industry business law.