The development comprises 255 modern apartments, together with commercial premises and a parking garage, located in the residential district of Björlanda on the island of Hisingen.

The acquisition includes the properties Göteborg Björlanda 3:72 and 3:75–3:77. Completion will take place in two phases during autumn and winter 2027. The project comprises approximately 16,300 square metres of lettable area across four residential blocks. The buildings will achieve high energy performance standards and will be certified under the Miljöbyggnad Silver environmental certification scheme.

The location offers a unique combination of a rural setting and urban accessibility, with excellent transport links to central Gothenburg. In addition to residential apartments, the development will include commercial premises, a grocery store, and other local services, contributing to the creation of a vibrant and secure neighbourhood with a high level of local amenities.

"We are very pleased to add these residential rental properties to our real estate portfolio and to further expand our residential holdings in Gothenburg. The location is highly attractive, offering proximity to the city, nature, and public transport. Our focus on high-quality properties in prime locations remains unchanged," says Jonas Bjuggren, Director of Real Estate at the Folksam Group.

"The Björlanda Park project has been significant for K-Fastigheter from the outset. It is our first collaboration with Alhem, and by combining our complementary expertise we will be able to deliver additional joint projects in the future. The transaction with Folksam also demonstrates that our business model – developing attractive real estate projects together with strategic partners – creates value for multiple stakeholders. The transaction is structured as a forward sale, meaning the project is sold during the construction phase as a turnkey development. The buyer will subsequently assume responsibility for leasing and property management," says Magnus Persson, Head of Business Development at K-Fastigheter and Board Member of KAH Holding AB.

"Björlanda Park is a well-planned residential development within Björlanda Ängar on Hisingen, and we are very pleased to complete the sale of the project to Folksam – only a few months after construction commenced. Folksam is a strong, long-term owner that will manage the properties in the best possible way. Through our jointly owned company KAH Holding, together with K-Fastigheter, we have designed and commenced construction of 255 modern apartments, commercial premises, and a parking garage in an attractive residential area on Hisingen," says Jacob Hallberg, CEO of Alhem Fastigheter and Chairman of the Board of KAH Holding AB.

Catella was the advisor to the sellers.