Brief: K-Fastigheter Buys Project Consisting Of Terraced Houses In Åhus

K-Fast Holding AB

27/09/2021 14:16

Sept 27 (Reuters) - K-Fast Holding AB  KFASTb.ST :
    * K-FASTIGHETER BUYS PROJECT CONSISTING OF TERRACED HOUSES
IN ÅHUS
    * BUYS 19 TERRACED HOUSES TO BE BUILT IN NEW DISTRICT
TRÄDSTADEN
IN NORTHERN ÅHUS
    * TURNKEY CONTRACT IS CARRIED OUT BY NCC AND CONSTRUCTION
HAS
COMMENCED.
    * HAS ENTERED INTO AN AGREEMENT WITH NCC SVERIGE AB FOR
ACQUISITION OF 19 TERRACED HOUSES THAT WILL BE BUILT BY NCC
    * TOTAL LETTABLE AREA AMOUNTS TO APPROXIMATELY 2,200 SQUARE
METERS
OF GROSS AREA AND ESTIMATED ANNUAL RENTAL VALUE AMOUNTS TO
APPROXIMATELY SEK 3.4 MILLION.
    * PROJECT IS EXPECTED TO BE COMPLETED BEFORE END OF Q4 2022.
    * TOTAL INVESTMENT INCLUDING CONTRACT AMOUNTS TO
APPROXIMATELY SEK
53 MILLION, WITH AN EXPECTED FUTURE MARKET VALUE OF
APPROXIMATELY SEK 76 MILLION
    * ACQUISITION TAKES PLACE THROUGH A COMPANY TRANSACTION
    * PROJECT IS EXPECTED TO BE COMPLETED BEFORE END OF Q4 2022.

Source text for Eikon:  ID:nWkr6W7ZdK 
Further company coverage:  KFASTb.ST 

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