Access is expected to take place on 31 August 2021, provided that the terms of the agreement are met. The properties are located in attractive locations in Malmö, and there is great potential to develop the apartments.
"I am happy and proud that today we have completed our largest single purchase to date in SBF Bostad. These centrally located properties in Malmö are a good addition to SBF Bostad's property portfolio, which thus contains approximately 1,800 apartments in 15 locations. Most of this property portfolio is located in Skåne and I feel confident that our local office in Malmö will take care of and develop these properties in the same successful way as they do with SBF Bostad's other properties."
"I can also state that the market for rental housing has remained strong during the first half of 2021, which is positive for our investors," says Johan Grevelius, CEO of SBF Bostad.
With the acquisition of the properties in this purchase, SBF Bostad AB will have a property value amounting to just over SEK 2.5 billion. The company will then own properties in Borgholm, Borås, Huskvarna, Hörby, Kalmar, Karlskrona, Laholm, Malmö, Osby, Skellefteå, Skövde, Staffanstorp, Trelleborg, Ystad and Åstorp. The total lettable area amounts to approximately 128,000 square meters.