The transaction value of the deal amounts to SEK 268 million (€28,46 M) and the acquisition is carried out initially unleveraged with own cash.
Portfolio's total rental value amounts to 21.7 MSEK, with an occupancy rate of 100 percent of the dwellings and 98.6 percent for the commercial premises.
Most of the properties are located in the central parts of Värnamo.
" We have for some time been looking at Värnamo that we feel is an interesting municipality, not least with regard to Sweden of the hearing agreement with the municipality regarding the new high-speed railway through Sweden. It is gratifying that we can now make our first acquisition in the resort, where we take over a well-managed portfolio, and hope to complete this acquisition of additional purchases in Värnamo" , says Patrik Hall, President Heimstaden
Heimstaden Purchases in Värnamo
Sweden —
The portfolio consists ten properties containing 174 flats and 35 commercial premises. Total area is about 19,300 sqm and sellers are VärnaBo AB.
2016-07-01