Folksamgruppen, which includes KPA Pension, is financially strong and continues its expansion in real estate. In recent years, including the purchase of Vasahuset, Folksamgruppen has bought properties for the directly owned portfolio for almost SEK 26 billion.
A well-risk-diversified investment portfolio ensures a stable return even in times of economic uncertainty, and real estate has over time had a very favorable risk-adjusted return.
"We are continuing our profitable expansion of the property portfolio and it feels good to now acquire these two stable management properties in the middle of our core market in Stockholm. The location is the best in Sweden and the office premises are attractive on the rental market," says Lars Johnsson, property director at Folksamgruppen.
Through the acquisition, KPA Pension increases the proportion of directly owned properties in its asset portfolio from 10.7 percent to 11.9 percent.
"KPA Pension's task is to provide employees in municipalities and regions with a secure pension through long-term investments that contribute to sustainable social development. The investment we are now making in the Vasahuset property is a good example of that and will create even better conditions for a good return for our customers," says Camilla Larsson, CEO of KPA Pension.
Folksamgruppen has directly owned properties worth close to SEK 65 billion. With a focus on high-quality office properties in attractive locations, Folksamgruppen continues to be the largest investor in the office segment and aims to grow further in the future.