Croisette sole advisor as Preservia divest 180 newly built apartments in GävlePreservia Hyresfastigheter AB has divested the property Gävle Sätra 108:26 to Trenum AB, a jointly owned company between Balder and Tredje AP-fonden through a sale of shares. Croisette was the sole advisor to the seller.
The property consists of 180 residential apartments with a leaseable area of approximately 6,800 sqm. The property is situated in the development area of Gavlehov, just north of central Gävle. The purchase price was SEK 216.2 million. The deal was made public in a press release 2018-02-05.
”– Gävle is an interesting market and Preservia is a new exciting player developing cost-efficient residential apartments. We are looking forward to do more business with both Preservia and in Gävle”, says Olle Håkanson Nobel, partner at Croisette Transactions in Stockholm.
”– Croisette has provided us with great advisory from the initial contact with Trenum, to negotiate and structuring the deal. We are looking forward to continuing our collaboration with Croisette in our coming deals”, says Topias Riuttamäki, CEO at Preservia Hyresfastigheter AB.