KlaraBo and OBOS ready to start construction of approximately 300 apartments in mixed ownership forms in Malmö
The proposal from KlaraBo and OBOS, Boostad, has won a land allocation from the municipality of Malmö and will work together to build “Öster om mässan,” an entirely new block in Hyllie. The proposal is based on 318 apartments, corresponding to 21,500 square metres of gross floor area, and combines tenant-owned and rental units. The detailed development plan has entered into legal force and the start of construction is planned for spring 2024.
Boostad was developed by several players that have a strong shared focus on long-term sustainable city construction, where people from all walks of life can mix and reside. The landlords KlaraBo and OBOS are working with White Arkitekter, Veidekke, E.ON, Boost by FCR and Fritidsbanken in a partnership that aims to offer financially accessible and environmentally sustainable homes for a broad range of target groups. Smart buildings and proactive management will result in lower operating costs, which turn will enable lower rent. At the same time, OBOS is launching Deläga, its popular model for purchasing a home, which lowers the threshold for home ownership.
“We are both proud and pleased that we can contribute to the development of Malmö. This is a fantastic project that has high ambitions in terms of both neighbourhood and housing quality. Our idea at OBOS is that neither age nor career should be an obstacle to purchasing a home,” says Sofia Ljungdahl, CEO of OBOS Nya Hem.
Features such as rooftop solar panels enable an energy partnership that includes production, storage and allocation between properties. The exteriors in the proposal will be characterised by brick and wood with shared inner gardens, complete with trees, that offer space for socialising. The properties will also be located in close proximity to premises for activities and a preschool. The apartments vary from studios to four bedrooms and will be characterised by efficient solutions that suit the different sizes and needs of households.
“It’s incredibly gratifying to participate in the city of Malmö’s ambition to continue to grow sustainably. We founded KlaraBo with the goal of offering attractive rental units with reasonable rent, and our business model is well suited to the underlying principles of the Mallbo concept. This is KlaraBo’s third allocation for the year and it confirms that there is a strong demand for our housing solutions in the Swedish housing market,” says Andreas Morfiadakis, CEO of KlaraBo.
KlaraBo and OBOS will guarantee the project’s financing before, during and after completion and will use their equity and customary lending to finance the project.
The Öster om mässan area is located in central Hyllie, a district in southern Malmö, and is close to several parks as well as public transportation and excellent office locations in and around Malmö Arena. The goal for Öster om mässan is to provide land allocations to construction companies that want to contribute to a more sustainable housing and office market.
For more information:
Andreas Morfiadakis, CEO, KlaraBo
andreas.morfiadakis@klarabo.se
+46 76 133 16 61
Sofia Ljungdahl, CEO, OBOS Nya Hem
sofia.ljungdahl@obos.se
+46 73 976 28 42
About KlaraBo
KlaraBo is a real estate company that acquires, builds, owns and manages attractive residential properties. The company was founded in 2017 and operates throughout the country. The strategy is to acquire existing residential properties as well as land for new construction in regions with population growth and a strong labour market. Our newly constructed apartments are developed in-house and space efficient, which contribute to reasonable rents. Both apartments and buildings are designed in collaboration with the municipality to fit local needs. With wood as the main building material, the new construction holds a high environmental standard. KlaraBo is a long-term property owner. KlaraBo is listed on Nasdaq Stockholm and is traded under the ticker KLARA B.
About OBOS
Member-owned OBOS is one of Sweden’s largest housing developers and is owned by its 500,000 members in Norway and Sweden. OBOS was founded in Oslo in 1929, inspired by the cooperative Swedish model for housing development. OBOS offers homes for all phases of life, in the form of villas, linked houses and apartment buildings, in cities and in the countryside. OBOS operates in Sweden through our brands OBOS, Smålandsvillan and Myresjöhus. The Group has approximately 2,500 employees, of whom close to 1,000 work in Sweden at the subsidiaries OBOS Sverige, OBOS Kärnhem and OBOS Nya Hem.
