In the second quarter of 2020, K-Fastigheter presented its strongest quarterly profit on record. New construction of HOMES in the first half of 2020 equaled 102 percent of all new construction starts for the full year 2019.
We saw that we were able to help, so it was the natural thing to do
The acquisition is in line with our strategy to expand in western Sweden and it will be an addition to our current property portfolio in Surte, also in the municipality of Ale
This is our second transaction in Denmark, this time in Høje-Taastrup about 20 kilometres west of Copenhagen
The houses have the address Maltgatan 17-19 and make a good addition to our existing property portfolio with 500 apartments, of which 144 are in ongoing production, in Hässleholm
At the end of April we announced our plans to build four Apartment Blocks with a total of 88 apartments in the Strömsbro district and with today’s agreement for an additional 60 apartments in nearby Sätra, we will get a good property portfolio in Gävle.
Our first deals should be considered as the first block in a larger strategic collaboration
It is very gratifying that we are now getting started with the Sävenäs 131:13 project, K-Fastigheter’s largest individual project to date.
We plan to start working on building permit documents immediately and provisionally expect 48 homes.
The property forms part of the municipality’s general plan and we will have access to an area that will be very attractive with good access to both nature and major roads.
I see this as a first step in a long-term investment in Denmark, focusing on Greater Copenhagen
This is our first project in Borås and it gives us good opportunities to develop a good residential area where we can build houses according to K-Fastigheter's three proprietary concept houses
Växjö is a city with strong population growth and the acquisition of the Taket 2 property represents part of our strategy to be present in growth regions and to work focusing on sustainability.
Today’s acquisition will allow us to construct additional high-quality rental apartments in the attractive Folkparken neighbourhood