Besqab has acquired residential building rights corresponding to 130 apartments or approximately 10,000 sqm of gross floor area. The homes are planned as tenant ownership apartments, and climate efficiency will be a requirement in the continued design of the project.

The property Ballongberget 4 is acquired through a share transfer of Skandia Fastigheter's subsidiary BallonaFastighets AB. The property is located between Ballonggatan and Kolonnvägen, with direct connection to Solna station. The purchase price amounts to SEK 151 million.

On the ground floor of the project, a garage will be constructed by Skandia Fastigheter, which will be regulated into the neighboring property. Provided that building permits and property formation for the garage are obtained, the project will be acquired and production started at the end of 2025, with estimated completion in 2028. The detailed plan gained legal force in 2019.

“It is very positive that we have been able to acquire another new housing project in an excellent commuter location, close to both shopping and natural areas. We see clear signs that the sale of new production has picked up again, and it is strategically right for us to invest in project opportunities with a short start-up period to meet the demand for sustainable, high-quality housing,” says Magnus Andersson, CEO of Besqab.