Advertisement
What really powers the cloud? Behind every Google search, A...
A lot of what defines a home isn’t visible at handover. I...
Private equity has played a significant role in shaping Indi...
Luxury real estate is one of the most talked-about segments ...
Airports play a much bigger role than just enabling travel -...
Swedish education group Cedergrenska has announced plans to acquire the Hamnen 4 school property in Stocksund for SEK 19 million as part of its strategy to expand its portfolio of owned educational facilities. Following the acquisition, the company's property arm, Fastigheter, will own three school properties with a combined book value of approximately SEK 40 million. The company is also targeting a school property portfolio with a book value of up to SEK 100 million by the end of 2027, reflecting its long-term focus on strengthening its real estate holdings alongside its education business.
Cedergrenska has announced that it will acquire the Hamnen 4 school property in Stocksund for SEK 19 million, marking another step in the company's strategy to increase ownership of the properties used for its educational operations.
Following the acquisition, Cedergrenska Fastigheter will own three school properties with a combined book value of around SEK 40 million. The company has also set a target of expanding its school property portfolio to a book value of up to SEK 100 million by the end of 2027.
The acquisition aligns with Cedergrenska's broader growth strategy, which combines expansion through acquisitions of educational institutions with increased ownership of the real estate supporting its operations. Owning school properties is expected to provide greater operational stability and long-term control over its campuses.
Cedergrenska is a Sweden-based education group that operates preschools, primary schools, upper secondary schools and adult education institutions, with a strong presence in the Stockholm region. In recent months, the company has continued to expand its education business through acquisitions, including Carl Wahren Gymnasium and Skärgårdsgymnasiet, while also strengthening its long-term asset base.
Source Reuters
Advertisement
Facebook
Whatsapp
