Trio acquires seven properties in Malmö

HKS, a joint venture comprising Heimstaden, Henry Ståhls and a private investor, has acquired seven properties in Malmö from the private property owners Ronny and Mats Jönsson. The deal comprises seven residential properties located in Malmö, in total 10,397 sq.m. of residential premises.

A large part of the residential properties are located in Möllevången and Västra Sorgenfri, the rest are found in Limhamn, Kirseberg and Augustenborg. The standard of the 196 apartments is high, 70 percent of the residential premises have been either newly produced or refurbished in 2002 to 2009. The transaction yield is approximately 5.5 percent. The seller's advisor was Catella Corporate Finance Malmö.

For further information, please contact:
Jarl Olsson, Catella Corporate Finance Malmö,
tel: +46 40 622 12 01