MKB Fastighets AB and Skånska Travsällskapet (STS) has agreed regarding an acquisition of Jägersro Trav- & Galoppbana (center for harness racing and gallop in Malmö). The real estate value amounts to 775 MSEK. With the transaction Malmo will obtain a new city district located in Jägersro with approx. 3,400 new residences and a new center for horse sports. The transaction is subject to approval by the general association meeting of STS and the board of MKB.
The transaction will enable MKB to secure future building rights for its own land and residence development, but MKB also opens up for sale of land to other commercial and private participants in order to promote a mixed and lively settlement. Further, the transaction allows the famous harness racing center at Jägersro to stay in the center of Malmö and being developed into a modern version.
Lindahl has assisted MKB in the transaction. Lindahl's team consisted of Staffan Brandt (lead partner), Josefine Engbom, Annika Brandt, Victoria Volny, Johan Myrén, Catharina Piper, Annika C. Andersson, Hanna Wackå, Jenny Eliasson, Linda Backman and Andreas Lindh.
About MKB
MKB Fastighets AB is one of Sweden’s largest public housing company. With over 22,500 apartments and 1,100 commercial facilities, worth 30.3 billion SEK, and 32 percent of the rental market, MKB is the largest property company in Malmö. The owner is the City of Malmö.
