Global investment firm KKR is forward funding a residential project in Sweden being developed by Reliwe.

KKR is investing an unspecified sum on behalf of its European real estate strategy to fund the multifamily project in Stockholm.

The transaction is the firm’s second residential investment in Sweden’s capital region since the beginning of 2025, following its investment in three multifamily properties in Haninge.

The latest project, located in Täby, comprises three residential assets with a total of 325 units and approximately 15,300sqm of lettable area, expected to be completed in phases between 2026 and 2028.

Alexander Thams, head of Nordics real estate at KKR, said: “This transaction is another key step in our strategy to assemble a high-quality residential platform in the Stockholm region. Täby is one of the most attractive and supply-constrained municipalities in Sweden, and this development offers modern, sustainable living in a location where rental stock is typically limited.

“We are pleased to continue our strategic partnership with Reliwe and further expand our footprint in a market where we are seeing strong demand and attractive opportunities.”

Gurmo Endale, partner at Swedish developer Reliwe, said: “We are very pleased to have concluded our second transaction with KKR, which underlines our ability to effectively source and execute attractive deals.

“Täby is a well-established and highly attractive residential market, and we look forward to delivering modern, high-quality, and sustainable homes.

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