The portfolio was largely built during the 1940s-1960s and comprises almost 67,400 square meters of lettable area at a rental value of approximately SEK 74.5 million. The portfolio consists of about 75 percent of homes where all homes are rented. The commercial area is leased to 90 per cent of public operations with an average weighted term of 6.3 years.

"I am pleased to welcome our new tenants in Trelleborg to Klarabo. Through the acquisition, Klarabo becomes the largest private landlord in Trelleborg. At the same time, Klarabo is significantly larger, which makes us an even more interesting counterpart to our continued growth journey," says Andreas Morfiadakis, CEO of Klarabo.

"We look forward to continued good cooperation with the municipality of Trelleborg. With a holistic perspective, Klarabo's ambition is to take long-term financial, social and environmental responsibility for all our residential areas. All in order to create nice and attractive housing areas that we are proud of," says Andreas Morfiadakis.

Klarabo finances the transaction through the recently completed new share issue, bank loans and equity. The transaction contains no financing terms. Admission takes place on July 1.

Following the acquisition, Klarabo manages a total of 2,680 rental apartments and associated premises throughout the country, corresponding to approximately 208,000 square meters. In addition, the company has building rights corresponding to more than 1,000 apartments in different planning stages.

Lindahl has been legal and tax-legal adviser to Klarabo.

Svefa has acted as advisor to the seller Trelleborgshem. Enckell Law Firm has been legal counsel to Trelleborgshem.