ALM Equity Acquires Development Rights for 97 Homes in Sollentuna
Bitget2026/10/23 06:13- ALM Equity signed an agreement with Sollentuna municipality to acquire development rights for 97 homes in Väsjön.
- The developer acquired the Settler Properties subsidiary financing the acquisition for an initial 25,000 kronor.
- An additional payment tied to the project's financial performance is due upon completion.
- No additional capital contribution is expected from the developer because the seller has already funded the development rights acquisition.
- Construction is expected to start in the fourth quarter of 2026, with phased occupancy planned for the second half of 2028.
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