KlaraBo acquires portfolio of almost 880 rental apartments in Östersund and completes largest acquisition as listed company
KlaraBo has signed an agreement to acquire a housing portfolio from Niam in Östersund with a total of 877 rental apartments. The acquisition was completed at an underlying property value of SEK 890 million and is KlaraBo’s single largest acquisition as a listed company. Following deductions for latent tax, the transaction was completed for approximately SEK 13,850 per sq. m. The total area is approximately 62,000 sq. m., of which 96 per cent is residential space. The portfolio is fully let and is situated in central Östersund and the city districts of Frösön, Odensala and Torvalla. The