Besqab AB (Besqab) has acquired building rights, corresponding to 130 apartments or c. 10,000m2 of gross floor area, within the property Ballongberget 4 in Solna, through a corporate transaction with Skandia Fastigheter. The purchase price amounts to c. €13.4m, and the estimated time for possession and project start is Q4 2025.
The homes are planned as tenant-ownership apartments, and climate efficiency will be a requirement in the continued design of the project.
Magnus Andersson, CEO Besqab, said: “It is very positive that we have been able to acquire another new housing project in an excellent commuter location, close to both shopping and natural areas. We see clear signs that the sale of new production has picked up again, and it is strategically right for us to invest in project opportunities with a short start-up period to meet the demand for sustainable, high-quality housing.”
The property Ballongberget 4 is acquired through a share transfer of Skandia Fastigheter's subsidiary BallonaFastighets AB. The property is located between Ballonggatan and Kolonnvagen, with a direct connection to Solna station.
On the ground floor of the project, a garage will be constructed by Skandia Fastigheter, which will be regulated into the neighbouring property. Provided that building permits and property formation for the garage are obtained, the project will be acquired and production will start at the end of 2025, with estimated completion in 2028. The detailed plan gained legal force in 2019.
Certified Adviser for Besqab AB (publ) at Nasdaq First North Growth Market is Carnegie Investment Bank AB (publ).
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