Jefast increases its property portfolio in Helsingborg

Jefast has today entered into an agreement to buy the property “Danmark 29” located in Helsingborg city. The transaction is made through a company transaction and the agreed property price value amounts to 179 millions.

The property “Danmark 29” is located in the south part of Helsingborg city – in the neighborhood of “Kv Holland 25” where Jefast is currently taking on a large remodeling project. A year ago Jefast also bought a property with 9,000 m2 from Wihlborgs. The property consists of 31 apartments, commercial spaces and a parking garage with 120 spaces. The property is fully let and consists of 11,095 m2. The largest tenants are the Employment Office (Sw Arbetsförmedlingen), The Swedish Migration Board (Sw Migrationsverket) and the Swedish Church. 

-Another great acquisition for Jefast with great location in Helsingborg, says Martin Persson CEO, Jefast. With Helsingborg growing and developing as a city, including our own project “Söderpunkten”, this is really where we want to continue our growth and development as a local property owner!

The seller is Kullahusen Holding AB, and the broker was the Helsingborg located Valvet House of Business. Jefast will take over the property on May 4.

This information is information that Jefast Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact person set out below, at 20:00 CET on 3 May 2017.

For further information, please contact:

Martin Persson, CEO

Tel. +46 42 36 12 08

E-mail: martin.persson@jefast.se

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Jefast was founded in 1977 and has since then had its headquarter in Höganäs, Skåne. Jefast owns and develops properties in Höganäs and Helsingborg and its close surroundings, as well as a hotel in Fort Lauderdale, Florida USA. The company owns a total of 40 properties including both commercial and residential properties. The portfolio value amounts to 2,458bn.