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Besqab acquires building rights for approximately 100 new residential apartments in Nacka Strand

Besqab AB (publ) (“Besqab”) has acquired building rights for approximately 100 new residential apartments within part of the property Sicklaön 13:24 in Nacka, through a corporate transaction with SBB and Genova. The purchase price amounts to approximately SEK 194 million, of which approximately SEK 44 million pertains to development costs. The transaction includes 75 parking spaces in an existing garage. Access will be granted when the zoning plan has gained legal force.

Magnus Andersson, CEO Besqab says:
"Nacka Strand is a great location for residential housing, and we are pleased to add another acquisition of quality building rights to Besqab's development portfolio. We have had an intense end to 2024 with several building rights acquisitions, sales starts and production starts, and we now look forward to 2025 with confidence."

The acquisition includes building rights for approximately 100 new tenant owned apartments, corresponding to approximately 8,800 square meters of gross floor area, as well as 75 parking spaces in an existing garage facility. The building rights are part of the property Sicklaön 13:24, which is owned by a joint venture between SBB and Genova. The purchase price amounts to approximately SEK 194 million, of which approximately SEK 44 million pertains to development costs. The project is located in a natural and tranquil setting on Fabrikörvägen in Nacka Strand, with views over the Stockholm inlet. The potential start of production is estimated for 2027.

For more information about the projekct, please visit: www.besqab.se/stockholm/nacka/fabrikorvagen/

Certified Adviser for Besqab AB (publ) at Nasdaq First North Growth Market is Carnegie Investment Bank AB (publ).

About Besqab
Besqab AB (publ) develops sustainable, high-quality residential housing in sought-after locations in Greater Stockholm and Uppsala. The business also includes development of community services for external ownership or own management. The company is listed on the Nasdaq First North Growth Market. Certified Adviser is Carnegie Investment Bank AB (publ). More information at www.besqab.se

For more infomation, please contact:
Magnus Andersson, CEO, e: magnus.andersson@besqab.se, t: +46 73 410 12 43
nna Åkerlund, Head of IR and Communication, e:
anna.akerlund@besqab.se, t: +46 70 778 28 97
Certified adviser,e:
certifiedadviser@carnegie.se, t: +46 73 856 42 65