K2A Knaust & Andersson Fastigheter has completed a divestment comprising four properties in Vaxjo with an underlying property value of €57m (SEK 650m). The buyer is Resinova Bostad AB. The portfolio comprises 261 rental apartments with a combined lettable area of 17,960m² and a rental value of €2.9m (SEK 32.8m).
Andre Lundberg Head of Capital Markets & Partner at Colliers said: "This deal confirms the high value of quality homes that K2A holds and is a very good example that demonstrates the market's continued interest."
"This is K2A's second major sale in a short time at attractive levels, which strengthens the image of K2A owning attractive, high-quality assets," commented Johan Knaust, CEO of K2A.
"We are delighted to have acquired high quality housing in an excellent location in the centre of Vaxjo. Location, quality and environmental certification have been key factors for us in this transaction," said Henrik Jussi-Pekka, co-founder of Resinova.