KlaraBo Sverige AB announced the acquisition of a residential portfolio in Umea of a total of 126 rental apartments with an underlying property value of SEK 175 million. The total area amounts to approximately 8,700 sqm. The property portfolio is centrally located in Umea and fully rented.

The rental value amounts to SEK 10.2 million and consists almost exclusively of residential and parking income. The acquisition is financed by bank loans and own cash. The acquisition also means that KlaraBo will establish itself in a new location for the company.

The transaction is in line with KlaraBo's business model, which is focused on acquiring and managing properties with development potential. The deal is also a testament to KlaraBo's ability to identify and execute off-market transactions.