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Press release

Sveafastigheter exercises the option and does not complete the new development project in Skellefteå

Sveafastigheter

Sveafastigheter has decided to exercise previously communicated option that gives the company the opportunity to not complete the new construction project Kandelabern in Skellefteå. This decision means that the municipal housing company Skebo will own the property covered by the project and thus the total of 178 rental apartments will be removed from Sveafastigheter's portfolio of projects under construction during the third quarter.

The construction of the property started in August 2024 and is expected to be fully completed during the first quarter of 2026.

For further information, please contact:
Kristel Eismann, Head of Treasury and IR, ir@sveafastigheter.se

About Sveafastigheter
Sveafastigheter owns, manages and develops people's homes. The property portfolio consists of a wide range of rental apartments in growth regions in Sweden. The buildings are managed and developed with a local presence and commitment. Sveafastigheter develops and builds new sustainable housing where the demand for housing is the greatest.

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Sveafastigheter exercises the option and does not complete the new development project in Skellefteå

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