Rickard Langerfors is currently Head of Nrep's residential development in Sweden. He has previously been deputy CEO of Magnolia Bostad and also worked in leading positions at Skanska and HSB.

"I really want to thank Patrik Mellgren for a fantastic job in developing Klövern into an attractive housing company with a unique position on the housing market," says Rickard Langerfors.

Klövern has announced the start of construction for 800 apartments during the autumn. The goal going forward is to start construction of between 2,000 and 3,000 apartments per year.

"I am proud of everything that I, together with the team at Klövern, have managed to achieve in recent years. In a challenging market, we have created a well-structured housing company and successfully refined building rights for 24,000 homes. With financing secured via Nrep, Klövern can become one of the most prominent housing players on the Swedish market in the coming years," says Patrik Mellgren.