Balder strengthens its ownership in Next Step Group, which is selling a property portfolio
Next Step Group is selling its part of property holdings in Nya Hovås to Bygg-Göta Fastigheter. Meanwhile, Fastighets AB Balder and Jacob Torell are increasing their ownership in Next Step Group.Next Step Group was founded as far back as 2004 and the development of the Nya Hovås district was the main focus in building the company, while the company concurrently developed a large portfolio including some of Western Sweden’s biggest urban development projects. Balder entered as an owner of one third of Next Step Group in 2020 and together both companies are developing projects including GoCo