Genova Property Group AB (publ), together with Redito AB, has, through a jointly owned joint venture, agreed to divest the properties Gredelby 21:1 and Gredelby 21:6 in central Knivsta at an underlying property value of SEK 875 million before deduction for deferred tax, corresponding to approximately SEK 49,000 per square metre. The purchaser is Acer Bostad AB, a joint venture owned by Ontario Teachers’ Pension Plan and Gordion with a focus on residential investments in Stockholm.
KANTER advised Genova on the transaction.