Croisette sole financial advisor as Midroc divests a residential project in Malmö

Midroc has signed an agreement with Brorman Fastigheter AB regarding the sale of the property Malmö Nanna 2 in central Hyllie. Croisette acted as sole financial advisor to the seller.

hylliecorner_nanna003-flatten_170329_final

The project comprises a total of 39 residential apartments and two commercial premises, which will be completed during the first quarter of 2020. Midroc are responsible for the completion of the project.

“We are glad to have been given the opportunity to represent Midroc in the prestigious sale of a residential project in one of Malmö’s most attractive and fastest growing districts. We can conclude that there is still a great demand for residential projects in the market and the interest for this particular deal has been significant”

– Fredrik Dackheden, Head of Transactions at Croisette

 

“We strongly believe in this micro location in Hyllie. The acquisition of the residential apartments at Hyllie Corner is particularly important for us as it is the first newly built property that we have bought in Malmö since the 60’s”

– Martin Brorman, CEO of Brorman Fastigheter

 

“For us at Midroc it is always important to create good residential qualities in our projects and almost all apartments have either a balcony or a private patio as well as access to the communal courtyard” 

– Magnus Skiöld, acting chairman of the board and head of transactions at Midroc

 

 “We have chosen to design smaller apartments in this project because of the increasing demand in the Malmö market.”

– Magnus Skiöld, acting chairman of the board and head of transactions at Midroc

All available premises