S. Property Group’s Acquisition of Urban Development Project And Sale of Its Parts

TM & Partners advised S. Property Group on the deal.

Serendipity’s property company, S. Property Group, announced the purchase of an urban development project  in Brobyholm, in the municipality of Strängnäs, from Åkers Krutbruk Fastigheter, and sale of parts of the project to Obos, Aros Bostad and Vernum.

The urban development project  includes 100,000 sq. m. where 500 residential units, preschool premises, elderly homes and a visitor centre will be located.

S. Property Group was founded within Serendipity to develop innovative real estate solutions. With a constant curiosity for new technologies and markets and by focusing on demographic trends they develop scalable real estate investments attracting demand in both short and long term.

The TM & Partners’ team consisted of Safa Mahmoudi (Picture – Partner), Amela Balijaj (Senior Associate), Andreas Sahlstedt (Associate) and Cecilia Rudels (Partner, Banking and Finance).

Involved fees earner: Amela Balijaj – Törngren Magnell; Safa Mahmoudi – Törngren Magnell; Cecilia Rudels – Törngren Magnell; Andreas Sahlstedt – Törngren Magnell;

Law Firms: Törngren Magnell;

Clients: S. Property Group;

Federica Tiefenthaler

Author: Federica Tiefenthaler