Heba acquires Swedish residential property for €36m

Swedish property operator Heba has agreed to acquire the residential property Stockholm Viggholmen 1 in Vårberg from VBT Utvecklings, a joint venture between Heba and Åke Sundvall. 

Heba

The deal involves a property with 171 fully let apartments, totalling 9,278 m2 (7,172 m2 lettable), generating about SEK 25 mln (€2.17 mln) in annual rental income.
The purchase price for the shares is approximately SEK 114.1 mln (€9.9 mln), after a 5.15% deduction for deferred tax. The underlying property value is set at SEK 420 mln (€36.5 mln). This acquisition, structured as a company deal, is financed through bank loans, with occupancy planned for 30 January 2026.
The property is conveniently located near Vårbergstoppen and Lake Mälaren.
Patrik Emanuelsson, CEO of Heba, commented: “We have been looking for a long time for the perfect buyer for the property and finally discovered that it is ourselves. Now we at Heba are entering as owners and can thus contribute to positive development in the area. With our experienced management, we look forward to taking care of both the tenants and the property in the very best way.”
Lindahl advised the buyer.
Heba develops, owns and manages residential and community properties in central locations in the Stockholm region and the Mälardalen Valley.