Heimstaden Bostad Acquires Danish Portfolio
Heimstaden Bostad AB strengthens its presence in Denmark through a SEK 3.5 billion acquisition of 1,473 homes in several attractive locations.The portfolio consists of 34 properties, of which 18 are standing assets with 680 homes, including one commercial property. 16 properties are under construction and are acquired in a forward purchase structure with turnkey delivery within the next 24 months. The transaction is structured as multiple share deals and closes 13 August. The properties complement Heimstaden Bostad’s existing geographical footprint and operational platform with property-