Slättö has plans to create a new platform within public-use real estate by acquiring a portfolio of properties concentrated in Stockholm and Gothenburg with an underlying value of approximately €300 million ($323 million).
Slättö Core+ has entered into a conditional agreement to acquire a public use-portfolio with 47 properties totaling approximately 87,000 square meters (936,000 square feet) from Estea Omsorgsfastigheter. The portfolio is located in large municipalities in Sweden with a focus around Stockholm and Gothenburg. It consists mainly of elder care homes with a remaining lease duration of about nine years.
Slättö operates in the Nordics with a thematic investment strategy and builds up expert teams in real estate sectors where it holds a strong conviction in the underlying market trends. With this acquisition from Estea, Slättö establishes public use as a new business sector, supplementing the company’s existing themes in Nordic residential, logi