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K-Fastigheter and ByggVesta Launch Joint Venture for 500 Rental Homes in Stockholm and Malmö

Story Highlights
  • K-Fastigheter and ByggVesta form a joint venture to build about 500 rental apartments in Stockholm and Malmö.
  • The partnership leverages industrialized building and urban development expertise to deliver sustainable homes and potential future divestments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
K-Fastigheter and ByggVesta Launch Joint Venture for 500 Rental Homes in Stockholm and Malmö

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K-Fast Holding AB Class B ( ($SE:KFAST.B) ) just unveiled an update.

K-Fastigheter and residential developer ByggVesta have entered a strategic joint venture to develop and construct about 500 new rental apartments in one project in Stockholm and one in Malmö, with building permit processes starting immediately and construction targeted to begin in the first quarter of 2027. By combining ByggVesta’s experience in large-scale urban development with K-Fastigheter’s industrialized building systems, the partnership aims to deliver cost-effective, sustainable and high-quality housing in high-demand areas, and the parties are also considering a potential divestment of the projects at an appropriate time, which could influence K-Fastigheter’s capital allocation and positioning in the Swedish residential rental market.

The most recent analyst rating on ($SE:KFAST.B) stock is a Hold with a SEK13.50 price target. To see the full list of analyst forecasts on K-Fast Holding AB Class B stock, see the SE:KFAST.B Stock Forecast page.

More about K-Fast Holding AB Class B

K-Fast Holding AB (K-Fastigheter) is a Swedish residential property group active in both construction and property management. Through three in-house developed residential concept houses and its K-Prefab subsidiary, the company delivers cost-efficient, industrialized building systems and frame solutions for internal projects and external customers. Its property management operations focus on housing, and since April 2025 K-Fastigheter has held a majority stake in Brinova Fastigheter AB, a leading property company in southern Sweden with a focus on the Öresund region. K-Fastigheter’s B shares have been listed on Nasdaq Stockholm since 2019.

Average Trading Volume: 192,045

Technical Sentiment Signal: Sell

Current Market Cap: SEK2.92B

For a thorough assessment of KFAST.B stock, go to TipRanks’ Stock Analysis page.

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