Victoria Park acquires housing units in Malmö and Trelleborg for just over SEK 450 M
Victoria Park AB (publ) is to acquire two portfolios of residential properties, comprising six properties with 327 flats, of which 230 flats in Malmö, and a total lettable area of slightly more than 26,000 sqm. The properties are located in central Malmö and Trelleborg. The acquisition will take place at an underlying property value of SEK 465 M, equal to approximately SEK 17,800 per sqm. The rental value amounts to approximately SEK 30 M per year. Steneken Holding is the seller. Possession is preliminarily scheduled for 15 May 2018. “We already have just over 1,700 flats in Malmö and