CMS Wistrand has acted as legal advisor to the Private Equity investor VIGA Cap in connection with its strategic platform acquisition of a residential portfolio from K-Fastigheter. The SEK ~1.9 billion transaction marks an important step in VIGA’s ambition to expand on the Swedish property market.
As part of the transaction, VIGA will establish a new real estate fund (AIF) to manage the acquired portfolio. Management of the portfolio will be made by a joint venture between VIGA and K-Fastigheter.
We are pleased to have advised VIGA on this strategically important transaction, which creates a platform for future investments in Sweden.
– Per Dalemo, Partner at CMS Wistrand.
CMS Wistrand’s team was led by Corporate Partner Per Dalemo and Banking & Finance Partner Hendrik Kangasmuukko, with Erik Frykenholt and Simon Thungren serving as project managers. The wider team included Nils Alpman (Regulatory), Tobias Svadling, Evelina Engsfelt Lassa and Emil Åstradsson (Real Estate), Irma Fricke (Banking & Finance), Annie Kolvik and Nina Knobloch Blomqvist (Energy & Environment), Malin Ekhammar, Amanda Jonsson (Corporate), as well as Caroline Törngren and Anna Johansson (Paralegals).
