K-Fastigheter  has entered into an agreement with a VästkustStugan Group company to acquire Husensjö 8:11 in an attractive area in eastern Helsingborg. Work on the zoning plan is ongoing and K-Fastigheter intends to build approximately 90 rental apartments in the Group’s proprietary concept buildings Lateral Low-Rise and Low Rise, with completion in three years.

“Helsingborg is an important municipality for K-Fastigheter. We look forward to working with the seller on the Husensjö zoning plan and being involved in the development of this area, which is well located close to nature, transport links and Helsingborg’s planned new hospital,” says Magnus Persson, Business Development manager, K-Fastigheter.

The purchase price amounts to approximately SEK 20 million and the acquisition is made through a corporate transaction with access upon final approval of the zoning plan. The rental value is estimated to be approximately SEK 11.3 million upon completion in 2025.