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Domestica II acquires rental apartments in Vallentuna

06 Jul 2016

SEB's housing fund, Domestica II, has acquired 300 rental apartments in the real estate properties Vallentuna-Åby 1:166 and Vallentuna-Åby 1:171 from Magnolia Bostad. The sales are made through company transfers at a price of about SEK 100 million. Upon completion the property value is approximately SEK 500 million. The properties will be environmentally certified.

Domestica II was advised by Mannheimer Swartling in the transaction. Klas Wennström was the partner responsible, primarily assisted by Natalie Bretz and Hannah Ström.

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Fund/Investment Management
News Category
Real Estate & Construction
M&A