Fastighets AB Balder Expands Portfolio with Acquisition of Rental Apartments

Fastighets AB Balder, a prominent real estate company based in Gothenburg, Sweden, has recently expanded its portfolio through its subsidiary, SATO. On July 4, 2025, SATO acquired nearly 1,000 rental apartments in Finland, marking a significant addition to its holdings. This acquisition was facilitated through an agreement with OP-Rental Yield Fund, encompassing 16 residential properties located in major Finnish cities including Storhelsingfors, Åbo, Tammerfors, Uleåborg, and Jyväskylä.

The acquisition ensures that the existing rental agreements for current tenants remain unchanged, maintaining stability for the residents. With this strategic move, SATO now owns approximately 27,000 rental apartments, providing homes to around 46,000 residents across Finland. Fastighets AB Balder holds a 57.1% stake in SATO, underscoring its significant influence over the subsidiary’s operations.

Balder to Present Interim Report for January-June 2025

In addition to the acquisition news, Fastighets AB Balder has announced an invitation to a presentation of its interim report for the first half of 2025. This presentation will provide stakeholders with insights into the company’s performance and strategic direction during this period. The report is expected to cover various aspects of Balder’s operations, including financial performance, property acquisitions, and market developments.

As of May 29, 2025, Balder’s stock was trading at SEK 68.76 on the Swedish Stock Exchange, reflecting a range between a 52-week high of SEK 92.18 and a low of SEK 54.84. The company, founded in 2005, continues to be a significant player in the real estate sector, managing a diverse portfolio that includes residential, commercial, and mixed-use properties across Sweden, Denmark, Norway, and Finland.

For more information, stakeholders and interested parties are encouraged to visit Balder’s website at www.balder.se .