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Aros Bostad’s development project T2 Fabriksparken in Sundbyberg has sold out

Aros Bostadsutveckling AB publ (”Aros Bostad”) has sold the last apartment out of 99 in the residential development project T2 Fabriksparken. The project, which consists of two phases with a total of 191 apartments, was acquired in June 2020 as a Joint Venture with the Finnish Investor Varma. Handover to customers begins in the first quarter of 2023.

Louise Saxholm, Sales and Marketing Director Aros Bostad comments:
”It feels great that we now have sold all apartments within Fabriksparken’s first phase, despite a challenging market during the fall. Fabriksparken is a very good project with the combination of modern apartments and historical environment, right in the central parts of Sundbyberg.”

Financial information in English at https://arosbostad.se/investerare/in-english/

About Aros Bostad

Aros Bostad develops thoroughly planned residential housing, with healthy materials and timeless designs. The geographical market is primarily focused to areas with good public transportations within the greater Stockholm area, Uppsala and the Mälardalen region.  With a long-term perspective and responsibility for the entire value chain, Aros Bostad creates a safe deal for home buyers as well as stable returns for the investors.

The Company was founded in 2006 and had, as per 30 September 2022, 34 residential development projects in different stages of development corresponding to ca 5,000 units. During Q3 2022, a binding agreement was signed regarding acquisition of a portfolio with 1,505 building rights, corresponding to 34 project opportunities. 23 of the projects were handed over in October 2022. Aros Bostad is listed on Nasdaq First North Growth Market and the Certified Adviser is Erik Penser Bank. Financial information is to be found at www.arosbostad.se/investerare

For more information, please contact:

Magnus Andersson, CEO, e-mail: magnus.andersson@arosbostad.se, phone: +46 73 410 12 43
Ken Wendelin, CFO/Deputy CEO, e-mail: ken.wendelin@arosbostad.se, phone: +46 73 518 02 70
Anna Åkerlund, Head of Communications & IR, e-mail: anna.akerlund@arosbostad.se, phone: +46 70 778 28 97
Certified Adviser, e-mail: certifiedadviser@penser.se, phone: +46 8 463 83 00

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