Today, SSM has acquired all of the shares in the half-owned joint venture company Studentbacken.
Since 2013, together with Student Hill, SSM has been running the joint venture to develop student housing in the
The acquisition also includes approximately 280 building rights in three ongoing projects: 77 in Kandidaten near Brommaplan, 124 in The Loft in Täby and 72 in Tentafabriken, which is near Sollentuna town center.
- SSM targets people between 20 and 44 years. SSM plans to continue developing these projects into affordable homes for the younger segment within our target group, says
The purchase price is ca 2.0 MSEK and the transaction will take place in
The information in this press release is such, which
For more information, please contact:
Phone: +46 761 65 17 71
Email: ann-charlotte.johansson@ssmliving.se
Twitter: @anncharlotteSSM
About
SSM produces smart, affordable homes with attractive shared spaces close to public transport and the city center for its target group - tomorrow's urbanites. SSM envisions a housing market for as many people as possible and today, the company is the leading property developer in its niche within the
https://news.cision.com/ssm/r/ssm-acquires-all-shares-in-half-owned-jv-company-studentbacken-including-ca-280-building-rights-in-b,c3144653
https://mb.cision.com/Main/11507/3144653/1271672.pdf
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