Active 1 year, 2 months ago
B38 Holding AB (publ) invests in Swedish real estate opportunities generating excellent yields.
B38 has acquired a real estate project comprising 61 units in central Lindvallen, Sälen, one of the major ski resorts in Sweden. B38 has entered into a 10-year lease agreement for all 61 units with with the largest ski resort operator in Scandinavia, a company listed in Stockholm.
B38 is currently negotiating several additional projects to be implemented in cooperation with the operator, including additional housing projects and commercial projects.
In addition to the above projects B38 has acquired an existing property in Stockholm, which is currently being converted into office space. B38 has entered into a lease agreement comprising the complete property.
In combination with its real estate investments, B38 Holding AB generates additional cash flow from a profitable construction business with clients including major listed real estate companies and municipalities and other governmental entities.
B38 Holding AB (publ)
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