tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sveafastigheter Expands Stockholm Portfolio with New Acquisition

Story Highlights
Sveafastigheter Expands Stockholm Portfolio with New Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from Sveafastigheter AB ( (SE:SVEAF) ) is now available.

Sveafastigheter has expanded its presence in Stockholm by acquiring 137 rental apartments in Sätra and Bredäng for SEK 230 million. This acquisition enhances their property management portfolio in a key region and increases their total managed apartments to 2,523, with additional projects under construction and development.

The most recent analyst rating on (SE:SVEAF) stock is a Hold with a SEK39.00 price target. To see the full list of analyst forecasts on Sveafastigheter AB stock, see the SE:SVEAF Stock Forecast page.

More about Sveafastigheter AB

Sveafastigheter is Sweden’s largest publicly listed pure-play residential company, focusing on owning, managing, and developing rental apartments in growth regions across Sweden. The company emphasizes sustainable housing development and maintains a strong local presence.

Average Trading Volume: 399,912

Learn more about SVEAF stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1