Neobo is a property company that long-term manages and refines rental properties in Sweden. Our business model is to manage and refine residential properties in municipalities with population growth and good demand for residential properties.
Neobo divests property in Södertälje and reduces vacancy rate by two percent
Neobo Fastigheter AB (publ) divests the property Kyrktuppen 10 in Södertälje. The property consists of 70 percent commercial premises and has a high vacancy rate. The underlying property value of SEK 75.3 million is six percent below the most recent external valuation. Following the transaction, Neobo leaves the municipality of Södertälje. Kyrktuppen 10 is located…