Faktorn 7 comprises 24 apartments with a total lettable area of approximately 1,400 square meters, of which residential units account for 97 percent. The rental value of the property amounts to SEK 2.7 million.
The purchase price is based on an underlying property value of SEK 74 million, which exceeds the carrying amount as of the third quarter of 2025 by SEK 6 million, or 9.2%. The buyer will cover the stamp duty, and no deduction for deferred tax will be made. The initial yield, based on the agreed property value and the property's projected net operating income for 2025, is estimated at 2.5%. The estimated profit effect from the transaction amounts to approximately SEK 5 million after deductions for transaction costs and reversal of previously recognized deferred tax. The net cash effect amounts to SEK 41 million. A realized change in value will be reported for the fourth quarter of 2025.
The sale is carried out as a corporate transaction.
“We continuously evaluate the composition of our property portfolio for selective divestments to optimize capital allocation. The conversion is made at a premium to book value, while we are repurchasing John Mattson shares, which are currently trading at a discount to net asset value. The transaction also demonstrates the value potential in our property portfolio,” comments Per Nilsson, CEO of John Mattson.
The agreement is unconditional, and John Mattson will transfer the property on 13 November 2025. The purchase price assumes that one currently leased apartment will be vacated after closing; otherwise, the price will be reduced by approximately SEK 1 million.
Wigge & Partners and Hedman Modée & Partners have acted as the seller’s advisors in the transaction.
All Nordics
Sweden
Denmark
Finland
Norway