CMS Wistrand advises Reliwe on the sale of a residential development comprising 555 apartments in Farsta
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CMS Wistrand has advised Reliwe AB on the sale of a residential development comprising 555 apartments at Telestaden in Farsta, southern Stockholm, to Hines. The transaction is structured as a forward funding arrangement, with Reliwe continuing to lead the development through to completion. Completion is expected in 2029.
CMS Wistrand’s advice included negotiating and drafting the share purchase agreement, the project management agreement and the construction contract.
“Reliwe is a client that knows what it wants, which is exactly why our collaboration works so well. We look forward to the next deal together”, says Lennart Ernstson at CMS Wistrand.
The CMS Wistrand team comprised Felicia ten Heggeler, Lennart Ernstson, Emil Dalén, Tobias Svadling, Alva Kåresen and Alicia Gustafsson.
