"The current acquisition will be Gladsheim's third acquisition in Karlskoga and will expand our presence in the Mälardalen region between Stockholm and Karlstad. The properties have exactly the properties Gladsheim is looking for, with strong micro-locations, attractive houses for the town and good opportunities for us to develop the properties. Through our renovation methodology and focus on a pleasant living environment, Gladsheim will also be able to offer attractive apartments with a new production standard at a reasonable monthly cost," says David Dahlgren, CEO of Gladsheim Fastigheter.

Karlskoga is an attractive urban area in Örebro County. Located only a half hour drive from Örebro and 45 minutes from Karlstad, it is close to universities and regional cities, while reaching Stockholm in two hours by train. Karlskoga has its base in the defense industry and is one of Sweden's most engineering cities. The business community in Karlskoga is characterized by high-tech expertise, especially in the defense industry. The dominant employers are Saab Dynamics, BAE, a number of subcontractors in steel and metal processing and the pharmaceutical manufacturer Recipharm.

"Modern technology in combination with good communications provides opportunities for places like Karlskoga to develop strongly in the coming years, and there we want to be involved and create good housing opportunities," concludes David Dahlgren.

Gladsheim's advisers in the deal were Setterwalls Advokatbyrå, Amblin and Sweco.