Brinova Fastigheter AB (publ) ("Brinova") has today signed an agreement to divest the newly built Danish residential property comprising 153 apartments.
The property is located on Telegrafvej in Ballerup, Greater Copenhagen, Denmark. The development property, part of the acquisition completed in April 2025 from K-Fastigheter and completed in November 2025, is currently fully leased. The property comprises a leasable area of 11,059 square meters, along with an associated parking garage. The transaction is carried out as a share deal reflecting an underlying property value of DKK 437 million (ca SEK 637 million) prior to deduction of deferred tax. The purchaser is the Danish asset manager Formuepleje, which will assume ownership of the companies on 14 April 2026.
CEO Per Johansson comments on the divestment: "In a market environment characterized by strong demand for high-quality properties in Copenhagen, we have chosen to sell our Danish holding to an investor with strong local expertise. The transaction is well aligned with our strategy to further focus our property portfolio geographically and to create the best possible conditions for Brinova's ongoing value growth."
Brinova was advised in the transaction by Colliers, Denmark, as commercial advisor, and by Skau Reipurth, Denmark, as legal advisor.
For further information, please contact:
CEO Per Johansson, tel: +46 (0) 70 817 13 63, email: per.johansson@brinova.se or
Deputy CEO and CFO Malin Rosén, tel: +46 (0) 70 929 49 52, email: malin.rosen@brinova.se
Brinova develops and manages primarily residential and community services properties located in selected areas with good transport links in southern Sweden. The business is defined by a long-term approach, collaboration with community sector operators and, in particular, a dedicated management team in each of the locations where the company has actively chosen to operate. Value is created through selective acquisitions, efficient property development and active management. A strong cash flow enables the company to continue growing. Brinova's Class B shares are listed on Nasdaq Stockholm and traded on the Mid Cap list. The head office is located in Helsingborg. For more information, go to: www.brinova.se