Market Overview

HFF Announces Acquisition Financing for Office Asset in Central Stockholm, Sweden


HFF Real Estate Limited (HFF) announces the acquisition financing of
Skjutsgossen 12, a 365,000-square-foot office building located in
Sodermalm, one of Stockholm's core districts.

HFF worked on behalf of the borrower, a strategic partnership between
The Blackstone Group, L.P. and Scius Partners, to secure the five-year,
floating-rate acquisition loan through Deutsche Bank.

Skjutsgossen 12 is located in the heart of Sӧdermalm, a tech-focused,
inner-city district of Central Stockholm. The property is currently 98%
let to 12 tenants across the office and retail spaces, with major
tenants such as Polismyndigheten and Circle K Sverige AB providing a
foundation to the property.

The HFF debt placement team representing the borrower was led by senior
director Brad Greenway, managing director Edward Daubeney and associate
Karan Mahajan.

"Continental Europe continues to be a strong strategic focus for
best-in-class global real estate owners and capital providers, which
continues to support HFF's initiative to open HFF's first international
office in London two years ago," Greenway said.

"With the completion of this financing, HFF has entered the Nordic
market for the first time and we look forward to continuing to expand
our relationships and presence in the Nordics in due course," Daubeney

Shivam Rastogi, Managing Director at Deutsche Bank, adds, "We are
delighted to be the partner of choice for Blackstone on the financing
for this prime property in Stockholm. The transaction reflects our
willingness to back the right asset and to offer attractive financing
solutions to our clients across Europe."

About The Blackstone Group, L.P.

The Blackstone Group, L.P. is a leading global alternative asset manager
listed on the New York Stock Exchange ("BX"). Blackstone's alternative
asset management business includes the management of real estate funds,
private equity funds, hedge fund solutions, credit-oriented funds and
closed-end mutual funds. The firm was founded in 1985 by Stephen A.
Schwarzman, its current Chairman and CEO, and Peter G. Peterson who
retired from the firm in 2008.

About Scius Partners

Scius was established in 2007 and is a real estate investment company
based in Stockholm. Their core business is to act as local operating
partners to international and domestic capital investing in the Nordic
real estate markets. The company offers their partners a complete range
of services including deal sourcing and execution, asset management and
reporting, project development, corporate/tax structuring, arranging
financing, among others.

About HFF

HFF and its affiliates operate out of 26 offices and are a leading
provider of commercial real estate and capital markets services to the
global commercial real estate industry. HFF, together with its
affiliates, offers clients a fully integrated capital markets platform,
including debt placement, investment advisory, equity placement, funds
marketing, M&A and corporate advisory, loan sales and loan servicing.
HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities
Limited are owned by HFF, Inc. (NYSE:HF). For more information, please
or follow HFF on Twitter @HFF.

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