“We have had challenges in achieving sufficient management volume in residential properties in Örebro and our main priority now is strengthened credit ratios. It also feels important that the buyer is a professional and long-term local property manager. The agreed property value in the transaction is in line with the book value,” comments Oscar Lekander, Deputy CEO and Chief Operating Officer, Samhällsbyggnadsbolaget i Norden AB.

The deal has been signed and closing will take place on 29 August, 2022.