News

After several years of active development and strong expansion, Next Step Group has divested its ownership in GoCo Health Innovation City in Mölndal. Vectura, which already owns 50% of the properties, will acquire the remaining share from Next Step through this transaction. The total property value amounts to approximately SEK 3 billion. The transaction strengthens Next Step’s financial capacity and enables the acceleration of other urban development projects.

Sedan 2017 har Next Step Group tillsammans med Vectura utvecklat GoCo till ett av Europas mest dynamiska innovationskluster inom Life Science. Resan började i ett enkelt plåtskjul på platsen, där namnet föddes, den första projektlokalen öppnades och visionen tog form. Idag är GoCo en internationellt uppmärksammad innovationsmiljö med stark attraktionskraft för ledande aktörer inom hälsa, forskning och innovation.

– Our shared journey with GoCo has been fantastic. Together with Vectura we have created a destination that attracts some of the world’s leading players in health and innovation. As GoCo now enters a new phase, it feels natural that Vectura takes the primary responsibility for long-term ownership and management, while we at Next Step focus on further developing Näst Innovation Destination Torslanda together with Vectura, as well as our other urban development projects Wendelstrand and Link40. The transaction allows Next Step to continue advancing our ongoing projects at a high pace while also pursuing new opportunities,” says Jacob Torell, CEO of Next Step.

Transitioning from active developer to handing over ownership in a well-established innovation cluster is an integral part of Next Step’s business model. Once places are ready for the next phase, they are transferred to long-term owners while the company moves forward with new projects and continued expansion—just as previously with Nya Hovås and now with GoCo.

The transaction includes four buildings totaling approximately 52,000 sqm with more than 100 tenants, as well as future development rights in phase two of GoCo. The transaction is based on an underlying property value of approximately SEK 3 billion.

Vectura already owns 50% of the properties and will acquire the remaining share through this transaction. The deal is expected to be completed during the second quarter of 2026.

In connection with the transfer, Next Step Group continues to develop its prioritized projects:

• Next Step förblir delägare i Active Lab och fortsätter att tillsammans med Vectura utveckla Näst Innovation Destination Torslanda, bolagets nästa stora satsning inom framtidens mobilitet och hållbar innovation. Projektet påverkas inte av affären och fortskrider enligt plan.
• Work on the new sustainable district Wendelstrand will intensify as the project moves further into the implementation phase.
  
• Link40, one of Sweden’s largest logistics areas, is approaching construction start, with Next Step remaining actively involved in the project’s development.
  

Next Step extends its sincere thanks to all tenants, research and business partners, the City of Mölndal and regional stakeholders who have been part of GoCo’s development. The company looks forward to continuing to develop future destination environments in close collaboration with Vectura and local partners.

Next Step Group, Fastighets AB Balder and Bockasjö Fastigheter have joined forces to develop Link40, one of Western Sweden’s largest logistics projects. The project comprises approximately 250,000 square meters of modern and sustainable logistics and warehouse facilities along National Road 40 outside Gothenburg.

The partnership combines the parties’ expertise in real estate and urban development, logistics and large-scale investments, with the goal of creating a cohesive logistics hub focused on efficiency, sustainability and future-proof solutions.