Tenants now starting to move into 252 cooperative apartments at West Side Solna
Today, tenants will begin taking possession of their apartments in SSM’s West Side Solna, a project with 252 cooperative apartments. West Side Solna is a joint venture between SSM and Alecta that is expected to be fully completed by the end of Q1 2020. At the moment, 70 percent of homebuyers in the project have signed grant agreements with the Brf West Side Solna housing association. The handover process that has now started will have a marginal effect on SSM in Q3 2019 and from Q1 2020, it will impact the company’s cash flow positively.As planned, tenants will begin moving into the 252