Willhem Purchases for EUR 46M
Sweden Willhem is expanding their portfolio in Stockholm by acquiring residential in Täby, Stockholm, from SSM.
Construction will start in 2019 and the project is expected to be completed by the end of 2020/2021 with planned occupancy from Q4 2020. Willhem will take over the project and management after the housing has been completed.
"Buying turnkey projects in well-thought-out residential areas has long been interesting for us. This acquisition, together with our latest acquisition in Sundbyberg, means that we are now moving further into the Stockholm area," says Willhem's CEO Mikael Granath.
Bernstrom & Partners was the seller's adviser.