With the aim to continue developing and attracting expertise and accelerating the pace of innovation through collaboration, Next Step Group and Vectura Fastigheter are now forming the joint real estate company, Steptura. Jacob Torell will serve as CEO, and Joel Ambré as chairman of Steptura.

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As an innovative real estate company, Steptura will focus on creating destinations and building strong ecosystems in Sweden, with a focus on West Sweden. The company will continue to develop and facilitate existing destinations; GoCo Health Innovation City and Innovation Destination Torslanda, which are two existing collaboration projects between Next Step Group and Vectura Fastigheter.

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"After 7 years of successful collaboration with Vectura Fastigheter, which has generated new clusters in both life science and mobility, it's time for the next step forward. We are now merging expertise and experiences from existing destinations to power more West Swedish innovations by forming a new joint company. It feels incredibly exciting to combine my new role as CEO of Steptura with my continued focus on Next Step Group's existing urban development projects Wendelstrand and the future logistics hub Link40, which are rapidly progressing from vision to implementation," says Jacob Torell.

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Through innovative urban development, Steptura will develop the collaboration formula that Next Step Group and Vectura Fastigheter have developed together. This formula involves working together with partners from industry, the public sector, the city, and academia from an early stage in both urban development and on-site content.
 

As property developers, Steptura adds important factors for its partners and tenants by filling its properties with content, community, and collaborative environments that encourage spontaneous meetings between people and generate innovation and innovative solutions. This benefits the business for the tenants as well as Sweden's innovation power.

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"With Steptura, Vectura strengthens its presence in Gothenburg and contributes to jobs and innovation nationally and increased international competitiveness. This is part of Vectura's strategy to establish ourselves in research- and knowledge-intensive regions such as Gothenburg, Öresund, and Stockholm, with projects such as The Loop in Lund and Forskaren in Stockholm and UpsideStories in Uppsala," concludes Joel Ambré, CEO of Vectura Fastigheter and chairman of Steptura.

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The initial property value in the company is +4 billion. By 2026, the portfolio will consist of 13 properties, +130,000 sqm, with a property value of +6 billion.

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Steptura is owned half by Next Step Group and half by Vectura Fastigheter. Next Step Group AB is owned half by Fastighets AB Balder. Vectura Fastigheter is wholly owned by Patricia Industries, a part of Investor. In the joint property projects GoCo Health Innovation City and Innovation Destination Torslanda, there are partners such as AstraZeneca and Volvo Cars.