The properties that Frentab Fastigheter sells are Täby Passaren 4 and Täby Passaren 5.
"During our eight-month ownership period, we have managed to sign four new leases. At Passaren 5, we have asphalted the ground, switched to a more energy-efficient heating system, new electrical wiring and a new facade. We have created a stable cash flow with the help of good tenants and achieved a good part of the way with our business plan for each property, but the buyer takes over and continues the improvement we have started," says Joakim Hofsten, founder and co-owner of Frentab Fastigheter.
"It's a good fit for us to sell now, which gives us a stronger acquisition fund as we have a strong pipeline of new business we want to do before the holidays," says Kristoffer Lidbrandt, founder and co-owner of Frentab Fastigheter.
Skierfe Advokatfirma has been the seller's legal advisor and Tango has been the sales advisor in the deal. The buyer has chosen not to be public.
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