Sweden — Rikshem has signed an acquisition deal of 800 apartments in Umeå. The sellers are Lerstenen Invest, Areim Fastigheter 3 and property funds managed by Blackstone.

Sweden — Sophia Mattsson-Linnala, currently CEO at the municipal real estate company Huge Fastigheter AB, has been elected as Rikshem’s new CEO.

Sweden — Rikshem’s chairman Mats Mared leaves the company’s board of directors. This was announced on Thursday afternoon in a press release. Meanwhile Rikshem’s owners are in agreement over the fact that Jan-Erik Höjvall is not the right person to lead Rikshem in the future.

Sweden — Ilija Batljan was for the most part freed in the inspection of Rikshem. He now tells Nordic Property News about his feelings on what has happened – and about his new company. “The goal is to have a real estate value of SEK 15-20 billion in five years.”

Sweden — Rikshem purchases close to 1,700 apartments from the municipal housing company Östersundshem for SEK 1,1 billion (€115 M).

Sweden — Rikshem has acquired almost 1,700 apartments from Akelius in Haparanda, Umeå and Östersund. The deal consists of 47 housing properties of 120,000 sqm. The purchase price is € 202,13 M (MSEK 1,878).

Sweden — Rikshem purchases 49 percent of municipal Värmdö Bostäder and parts of Värmdö’s municipal property portfolio for approximately MSEK 1,4 (€149 M). In addition Rikshem will construct another 500 housing units on land acquired from the county.

Sweden — Rikshem purchases Bo i Väsby AB from Upplands Väsby municipality for a total of MSEK 720 (€77M). The deal encompasses a total leasable area of approximately 44,000 sqm.