Ica Fastigheter makes major acquisition: “More flexibility in our portfolio"

Jan-Erik Hellman, CEO of Ica Fastigheter.

Image: Jessica Gow/TT

Ica Fastigheter makes major acquisition: “More flexibility in our portfolio"

Sweden —

Ica Fastigheter is acquiring Alecta Fastigheter’s 50 percent stake in jointly owned Ancore Fastigheter in a transaction based on an underlying property value of SEK 8 billion (EUR 716 million). Jan-Erik Hellman, CEO of Ica Fastigheter, tells Nordic Property News about the decision to become sole owner of the company, how they plan to develop the portfolio, their view on jointly owned companies going forward, and the long-term strategy for Ica Fastigheter’s property portfolio.

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