Asset manager MEAG has successfully completed the sale of the renowned Waterfront Building in Stockholm to Swedish company KLP Fastigheter. The prominent office building is centrally located in the Swedish capital, directly adjacent to the central station and on the shores of Riddarfjärden. As an integral part of the extensive Stockholm Waterfront complex, the structure with its glass facade and sweeping panoramic views defines the cityscape.
The property comprises eleven above-ground floors and a total lettable area of around 25,800 square metres. Tenants of the light-flooded office spaces include well-known, internationally active companies and institutions. MEAG acquired the property in 2009 while still in the project phase and added it firmly to its own portfolio following its on-schedule completion in 2010.
Energy efficiency and certification standards
As part of ongoing portfolio maintenance, targeted investments were made in the building services. In early 2026, a newly installed photovoltaic system on the building roof was brought into operation. Together with efficiency measures implemented following a comprehensive energy audit, the property meets the criteria for an Energy Performance Certificate (EPC) rated Class A, as is benchmark for prime commercial buildings in top locations.
- —Energy Performance Certificate rated Class A (EPC)
- —Sustainability certification to LEED Gold standard
- —Connectivity and digital standard WiredScore Platinum
- —Photovoltaic system on the roof in operation since early 2026
Katrin Hupfauer, Head of Real Estate Transactions at MEAG, emphasised that the building represents a long-term successful real estate investment. The positive performance demonstrates the benefit of active management in a prime location, the created value of which has now been realised for investors. Bernhard Gröger, Real Estate Asset Manager at MEAG, pointed to the future viability of the property, which had been sustainably secured through numerous lease extensions, technical modernisations and a targeted reduction in energy costs.
Competitive sales process
Julian Rathgen, Real Estate Transaction Manager at MEAG, highlighted the importance of the structured bidding process. By capitalising on market timing, investors' expectations regarding the transaction result were met. Rathgen thanked the buyer KLP for the collaborative partnership throughout the entire sales phase. MEAG was advised on commercial matters during the disposal by Cushman & Wakefield, while legal counsel was provided by the law firm CMS Wistrand.
