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The latest announcement is out from Sveafastigheter AB ( (SE:SVEAF) ).
Sveafastigheter has secured land allocation for 120 rental apartments in central Tullinge, Botkyrka municipality, enhancing its presence in the Stockholm region. This project aims to diversify the area’s housing options, which are predominantly villas and condominiums, by offering flexible rental apartments suitable for young adults, families, and older couples. The development is part of Sveafastigheter’s strategy to expand through profitable new construction, contributing to a vibrant and sustainable community in Tullinge.
The most recent analyst rating on (SE:SVEAF) stock is a Hold with a SEK39.00 price target. To see the full list of analyst forecasts on Sveafastigheter AB stock, see the SE:SVEAF Stock Forecast page.
More about Sveafastigheter AB
Sveafastigheter is Sweden’s largest publicly listed pure-play residential company. It owns, manages, and develops a diverse portfolio of rental apartments, primarily located in growth regions such as the Stockholm area. The company is committed to sustainable housing development, focusing on areas with high demand for residential properties.
Average Trading Volume: 514,005
Technical Sentiment Signal: Buy
Current Market Cap: SEK7.86B
See more insights into SVEAF stock on TipRanks’ Stock Analysis page.