Bergavik - SEK 369 million - Project finance

Arctic Securities has established a new real estate company. Bergavik Fastighets AB (publ), a company established by Arctic Securities, has acquired Kalmar Björnbäret 1 (the “Property”), a newly constructed green residential asset comprising of 232 units (approx. 11,000 sqm), amounting to approx. SEK 369 million. The Property is located in the fast growing university city of Kalmar, Sweden.

Arctic has negotiated and executed the real estate transaction, raised the equity capital and debt financing for the acquisition on behalf of Bergavik Fastighets AB (publ).

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