Wistrand has advised Samhällsbyggnadsbolaget (SBB), and the company CEO and founder, Ilija Batljan, in connection with the acquisition of an 18 000 sqm residential properties in Karlstad, which comprises four properties with a total of 244 apartments in the city district Rud. The seller was Ruds Gård AB, whom which after the transaction will change its name to Capriga.
The properties Letten 1 and 2 with a total of 180 apartments were built in 1968 as part of the so called Million Programme (Sw: Miljonprogrammet), which was a public housing programme implemented in Sweden between 1965 and 1974. The properties Letten 5 and 6 with a total of 64 apartments were built during the years 2006/2007.
As part of the transaction, entrepreneur and founder of Ruds Gård, Peter Persson, has become a part-owner in SBB, thereby ensuring the local presence within the company.
For further information:
Fredrik Råsberg, Managing Partner
Direct: +46 8 50 72 00 47
Mobile: +46 709 50 72 47