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Stockholm was a heavily under-supplied residential market due to growing demand and a supply constrained market
Purchase of a vacant office and industrial building in central Stockholm to be demolished and replaced with 7,390m² new build 13 storey apartment scheme
The JV partner had already obtained planning permission prior to Revcap’s commitment
Transaction Progress
Project was 61% pre-sold when Revcap committed and was 100% pre-sold in advance of completion