Vacse AB (publ)

The loan has been provided to Swedish real estate company Vacse AB to co-finance the construction and renovation of two buildings used by the Swedish judicial and law enforcement authorities.

1. Construction of a courthouse in Växjö with a gross floor area of 10,765 m², expected to be completed in November 2026.
2. Refurbishment of existing office space covering 6,700 m² in Solna for the Swedish law enforcement authorities, expected to be completed in September 2027.

The total project costs for the new court building and renovation are approximately SEK 1,150 million.

Construction of a new courthouse in Växjö

 

Productivity:

The number of courtrooms will double from the current eight to 16. The increased supply of courtrooms is expected to reduce bottlenecks and waiting times in case handling.

In addition, improved security standards and upgraded technical systems will enable more complex cases to be handled locally, strengthening overall system functionality and reducing the need to transfer cases to other cities.

The co-location of the District Court, Administrative Court, and Land and Environment Court further reduces coordination costs and enhances internal logistics.

 

Impact indicator related to the loan:

• The number of cases processed in Växjö

 

Environment:

The building is expected to be certified according to BREEAM Outstanding, the highest BREEAM certification level.

The emission intensity is 2.1 kgCO₂e/m², which is below NIB’s 2030 climate target for real estate of 6.20 kgCO₂e/m².

 

Impact indicator related to the loan:

• BREEAM certification level.

 

 

Refurbishment of an existing office building in Solna

 

Productivity:

The refurbishment will replace outdated facilities that are not compliant with current regulations, and support the consolidation of operations into a modern facility.

By enabling closer interaction between law enforcement authorities, the project can support faster response times, enhance crisis management and improve the efficiency of resource allocation across the Stockholm region.

The concentration of activities is expected to improve internal coordination, reduce operational friction and support more efficient workflows.

 

Impact indicator related to the loan:

• Faster response time in delivery of critical public services.

 

Environment:

The refurbishment is expected to improve the building’s energy performance from its current Energy class rating of D to at least C.

The building is targeting a BREEAM In-Use rating of Very Good.

The building is expected to achieve an emission intensity of approximately 6.0 kgCO₂e/m², in line with NIB’s climate target for real estate of 6.20 kgCO₂e/m².

 

Impact indicators related to the loan:

• BREEAM in use certification level
• Energy use (E-value), kWh/m²

 

 

Construction of a new court building in Växjö

The building is being constructed on land that was formerly used as parking areas. Some contaminated soil was detected but has been cleaned up in accordance with Swedish regulations.

There is a nature reserve close to the building site, and the municipalities have taken required measures.

The building has been designed with a strong focus on resource and energy efficiency, prioritising materials with a lower climate impact, such as reused bricks, recycled reinforcement and ventilation ducts, and low-carbon concrete. Approximately 40% of the building’s electricity demand (excluding tenants’) is generated on site through a system comprising solar panels and battery storage.

 

 

Refurbishment of an office building in Solna

The renovation focuses on retaining as much of the existing building materials as possible while adapting the property to its new use.  A range of energy efficiency measures is being evaluated, with an emphasis on preserving as much of the original structure as possible. Planned upgrades include ventilation systems, district heating equipment and the glass facade. The feasibility of geothermal heating and solar panels is also being assessed.

No significant risks have been determined.