Offentliga Hus acquires six properties in five municipalities in Mälardalen, Dalarna and Småland with a total underlying property value of SEK 1.1 billion. All six properties are community properties with mainly municipalities or regions as tenants.
The properties have a total lettable area of ​​approximately 61,000 square meters and total rental income of approximately SEK 74 million. The average remaining lease term amounts to approximately 4 years and the economic occupancy rate amounts to approximately 95 percent, with a number of different tenants.

Fastator acquires six properties in Greater Stockholm with a total underlying property value of SEK 0.2 billion. The properties consist of a combination of cash flow and development properties. The properties have a total lettable area of ​​approximately 76,000 square meters and total rental income of approximately SEK 21 million. The average remaining lease term amounts to approximately 8 years and the economic occupancy rate amounts to approximately 90 percent, with a number of different tenants. The majority of the acquisitions are intended to be taken over during the fourth quarter of 2019.

The acquisitions are intended to be financed with equity and bank loans. The properties are acquired through the acquisition of eight companies, the sole purpose of which is to own the properties. No company is mortgaged or holds other activities than ownership of real estate at the time of access. The deferred tax that is in the companies is taken over by the buyer. No employees are affected by the acquisitions.

"It is gratifying to be able to present another number of very interesting acquisitions. Offentliga Hus continue their growth journey, while the company strengthens its position as a partner to the social sector," comments Joachim Kuylenstierna, CEO of Fastator.