Lindens Park

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Obligo

Real Estate

Lindens Park - Ground up development on the last central plot in Kungsbacka

Sector: Residential

Location: Kungsbacka, Sweden

Opportunity & Background

The last plot in central Kungsbacka, previously a parking lot thatis now moved to the neighboring parking house

Kungsbacka is one of the wealthier municipalities in Sweden, with asignificant housing shortage and good demographic trends and macro location

Project developed by prominent developer, ~350 units across 3 buildings

‍

Business Plan & Execution

Classic ground up development with ground works and several stageswhere we complete the buildings one by one

Simultaneously working with the limited commercial space on the ground floor, to ensure that the residents have a good service offering

Meet modern sustainability guidelines and future proof the assets

‍

Results

The project is developing according to the plan

Stage 1 with 81 units was finalized on schedule in June 2024, fully let

Stage 2 and 3 will be finalized in December of 2024 and March 2025

We were able to negotiate higher rents than underwritten with Hyresgästföreningen once they saw the standing building and product in person

We have a long queue for residents that are interested in moving into the apartments we are developing

‍

Sector: Residential

Location: Kungsbacka, Sweden

Opportunity & Background

The last plot in central Kungsbacka, previously a parking lot thatis now moved to the neighboring parking house

Kungsbacka is one of the wealthier municipalities in Sweden, with asignificant housing shortage and good demographic trends and macro location

Project developed by prominent developer, ~350 units across 3 buildings

‍

Business Plan & Execution

Classic ground up development with ground works and several stageswhere we complete the buildings one by one

Simultaneously working with the limited commercial space on the ground floor, to ensure that the residents have a good service offering

Meet modern sustainability guidelines and future proof the assets

‍

Results

The project is developing according to the plan

Stage 1 with 81 units was finalized on schedule in June 2024, fully let

Stage 2 and 3 will be finalized in December of 2024 and March 2025

We were able to negotiate higher rents than underwritten with Hyresgästföreningen once they saw the standing building and product in person

We have a long queue for residents that are interested in moving into the apartments we are developing

‍

Opportunity & Background

The last plot in central Kungsbacka, previously a parking lot thatis now moved to the neighboring parking house

Kungsbacka is one of the wealthier municipalities in Sweden, with asignificant housing shortage and good demographic trends and macro location

Project developed by prominent developer, ~350 units across 3 buildings

‍

Business Plan & Execution

Classic ground up development with ground works and several stageswhere we complete the buildings one by one

Simultaneously working with the limited commercial space on the ground floor, to ensure that the residents have a good service offering

Meet modern sustainability guidelines and future proof the assets

‍

Results

The project is developing according to the plan

Stage 1 with 81 units was finalized on schedule in June 2024, fully let

Stage 2 and 3 will be finalized in December of 2024 and March 2025

We were able to negotiate higher rents than underwritten with Hyresgästföreningen once they saw the standing building and product in person

We have a long queue for residents that are interested in moving into the apartments we are developing

‍

No items found.

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Obligo

Real Estate

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Triangelgården

Gjerpensgate

Sågen 4

Obligo

Real Estate

Lindens Park - Ground up development on the last central plot in Kungsbacka

Sector: Residential

Location: Kungsbacka, Sweden

Opportunity & Background

The last plot in central Kungsbacka, previously a parking lot thatis now moved to the neighboring parking house

Kungsbacka is one of the wealthier municipalities in Sweden, with asignificant housing shortage and good demographic trends and macro location

Project developed by prominent developer, ~350 units across 3 buildings

‍

Business Plan & Execution

Classic ground up development with ground works and several stageswhere we complete the buildings one by one

Simultaneously working with the limited commercial space on the ground floor, to ensure that the residents have a good service offering

Meet modern sustainability guidelines and future proof the assets

‍

Results

The project is developing according to the plan

Stage 1 with 81 units was finalized on schedule in June 2024, fully let

Stage 2 and 3 will be finalized in December of 2024 and March 2025

We were able to negotiate higher rents than underwritten with Hyresgästföreningen once they saw the standing building and product in person

We have a long queue for residents that are interested in moving into the apartments we are developing

‍

No items found.

More case studies from

Obligo

Real Estate

See all case studies

14.1.2025

Triangelgården

14.1.2025

Gjerpensgate

14.1.2025

Sågen 4

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