D. Carnegie & Co develops building rights on own land – First building permit granted

The building permit comprises approximately 40 new apartments and is a densification of the existing residential property Finnsta 1:17 in the Upplands-Bro municipality.

D. Carnegie & Co develops building rights on all its areas on its existing properties.

– We are working intensively to develop our own building rights and aim to eventually create thousands of new apartments on our existing areas, comments Ulf Nilsson, CEO of D. Carnegie & Co.

For Further information please contact:

For D. Carnegie & Co AB (publ)
Ulf Nilsson, CEO, +46 (0)8-121 317 25
Fredrik Brunnberg, Head of Business Development, +46 739-85 10 50

About D. Carnegie & Co

D. Carnegie & Co is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the Bosystem renovation method which, among other things, means that no evacuation needs to take place. In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK15,887 million on 30 September 2016. The total rental value amounted to SEK 1,366 million annually on 30 September 2016. The economic occupancy rate is high – vacancies are virtually non-existent. D. Carnegie & Co is listed on Nasdaq Stockholm.

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