The property is let in its entirety by The City of Malmö for its services within the functional support administration. The property has already been designed for nursing homes and does not require any further adaptation.

Klarabo has previously had well-advanced plans to convert this development property into housing but has now chosen to meet the rental needs of The City of Malmö. This has an immediate positive effect on the company's earning capacity, as the property previously did not generate income, according to Klarabo.

"We are delighted to welcome The City of Malmö back to our property at Kirseberg. We think it is crucial to be able to help The City of Malmö with the need for premises in their community-oriented services”, says Jimmy Larsson, COO at Klarabo.