Victoria Park’s acquisition of 2,340 flats approved by the Swedish competition authority
The Swedish competition authority has today announced that it decided to take no further action in respect of Victoria Park’s acquisition of a property portfolio in the Stockholm and Gothenburg areas announced on 19 December 2018. The acquisition is expected to close on 1 April 2019.
Victoria Park announced on 19 December 2018 an acquisition of a property portfolio consisting of 2,340 flats with an underlying property value of SEK 4.7 billion. The closing of the acquisition was conditional upon no further action being taken by the competition authority.
Victoria Park AB (publ) is a listed property company, which, through long-term management and social responsibility for more attractive living, creates value in an expanding property portfolio in growth cities in Sweden.
On 30 September 2018, Victoria Park's property portfolio amounted to 1,110,000 square metres, comprising 14,051 flats, with a market value of SEK 17.4 Bn. The shares in Victoria Park are listed for trading on the Nasdaq Stockholm Mid Cap exchange.
Victoria Park AB (publ)
Box 2, 201 20 Malmö, Tel +46 (0)40 16 74 40, Corporate Reg No 556695-0738, Head Office Malmö, www.victoriapark.se