Sale of a residential portfolio in southern Sweden
Sale of 36 residental properties in the county of Skåne, covering more than 64,000 sqm of lettable area in south Sweden.
The portfolio included some 1,600 rental income units distributed on almost 45,000 sqm of residential area and 20,000 sqm of health care and commercial space.
Our Capital markets team contacted a wide but selective group of potential investors with the primary objective to find a buyer for the entire portfolio and secondary to find investors for subportfolios.
By keeping a close dialogue with the client and the property manager, we were able to quickly put together a descriptive sales memorandum and thereafter collect interest from the investment market.
Portfolio sold to Svenska Hus in line with timetable at target price.