The properties that will be sold are Svärdsliljan 6 and 7, Västerås, which consist of two tower blocks of 9 and 10 stories, respectively. The project includes 69 space-efficient, Swan EcoLabel apartments. The project will start in Q2 2020, and and the legal title will be transferred upon the planned completion date in Q4 2021. Revenue and profit is recognized gradually within the business segment JM Residential Sweden as the project is implemented.

“We are pleased to carry out this attractive rental project in Västerås together with Lansa Fastigheter. Lansa Fastigheter is part of the group Länsförsäkringsgruppen, which has a long-term investment and management perspective,” says Per Johansson, regional manager of East Region.