Swedish property firm K2A Knaust & Andersson Fastigheter has completed the sale of a portfolio of four properties in Växjö with an underlying property value of SEK 650 mln (€57 mln), or a yield of 4.1%.
The buyer of the properties is Resinova Bostad, a platform focusing on acquiring and owning newly built or recently built sustainable rental housing in Sweden. The company is managed by Möller & Partners.
Closing of the transaction is 30 June 2023. Colliers has been K2A's financial advisor during the process.
The portfolio comprises 261 rental apartments with a combined lettable area of 17,960 m2 and a rental value of SEK 32.8 mln.
André 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,’ added Johan Knaust, CEO of K2A.
Earlier in April, K2A announced the sale of six properties in Västerås, Gävle and Uppsala.
