K-Fastigheter in joint venture to develop property in Haninge

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K-Fastigheter and two partners, Innovation Properties and Borohus, have formed a company to jointly develop the Ramsdalen 3:1 property in Haninge municipality. The newly formed company will develop a zoning plan for building rights.

K-Fast Holding AB (“K-Fastigheter”), Innovation Properties and Borohus have formed a jointly owned company with the ambition of developing the property Haninge Ramsdalen 3:1 in Haninge municipality, Sweden. The plot area is just over 72,000 square meters and the underlying property value amounts to SEK 9 million.

“The property is nicely located in Källtorp between Vendelsö and Vendelsömalm, by an existing residential area and forest area. Together with our partners in this project, we will develop the site and the zoning plan into a residential area with mixed housing,” says Jacob Karlsson, CEO of K-Fast Holding AB.

“We are proud to be able to move forward with our already strong collaboration between K-Fastigheter and the operations within Mjöbäcks and Borohus,” comments Göran Nergården, chairman of Borohus AB.

“We look forward to starting a rewarding collaboration with K-Fastigheter, a company with the same values as us, which bodes well for the future,” comments Kristian Wahlberg, chairman of Innovation Properties.

 

For more information, please contact:

Jacob Karlsson, CEO, e-mail: jacob.karlsson@k-fastigheter.se, telephone: +46 738 219 626
Anders Antonsson, IR Manager, e-mail: anders.antonsson@k-fastigheter.se, telephone: +46 708 730 900

 

As a property company, K-Fastigheter’s objective is to add value for tenants by creating attractive homes with superior comfort. The Group’s operations encompass active property management, project development and proprietary construction operations. To enhance cost efficiency and cut construction times, K-Fastigheter has chosen to work with three concept buildings, developed in-house and constructed for proprietary management. K-Fastigheter provides some 2,280 homes in several locations in the Öresund region, in the province of Småland and in western Sweden, and is assessing new markets as production capacity increases. The Group’s property portfolio has a book value SEK 7.4 billion, with an annual rental value of about SEK 278 million. Since November 2019, the company’s Class B shares have been traded on Nasdaq Stockholm under the (ticker: KFAST B). Read more at www.k-fastigheter.com
 

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K-Fastigheter and two partners, Innovation Properties and Borohus, have formed a joint venture to develop the Ramsdalen 3:1 property in Haninge municipality.
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Together with our partners in this project, we will develop the site and the zoning plan into a residential area with mixed housing
Jacob Karlsson, CEO of K-Fast Holding AB