Nivika sells Jönköping properties for €52m

Swedish real estate firm Nivika is selling nine residential and office properties in Jönköping to a local company for SEK 597 mln (€51.9 mln), matching their book value.

Nivika properties

These properties total about 17,200 m2 with an annual rental value of SEK 35.6 mln (€3.1 mln). This sale aligns with Nivika's strategy to concentrate on high-yield properties and provides capital for expansion in the west Swedish growth corridor.
The deal is expected to close in the first half of 2026.
Simultaneously, Nivika is acquiring four commercial properties on the West Coast and in Jönköping for approximately SEK 100 mln (€8.7 mln). These properties span about 9,100 m2, have an annual rental value of SEK 9.3 mln (€0.81 mln), and an average acquisition yield of 6.9%. An additional previously agreed acquisition in Jönköping will add SEK 5 mln (€0.43 mln) in rental value. These acquisitions will be funded by equity and bank loans, with closings staggered through the first quarter of 2026.
Sverker Källgården, CEO of Nivika, said: “The sale demonstrates the attractiveness of our portfolio and the relevance of our book values. We continue to see many interesting business opportunities and evaluate acquisitions on an ongoing basis.”
Nivika primarily operates in Jönköping, Värnamo, Växjö and the West Coast of Sweden. The diversified real estate portfolio amounts to approximately SEK 12.7 bn (€1.1 bn), of which two-thirds of the rental value is commercial real estate.