SBF Fonder and Baumont Real Estate Capital Agree to Buy Four Stockholm-Region Residential Properties From Holmström Fastigheter Holding

SBF Fonder, together with Baumont Real Estate Capital, part of M&G Investments, has signed an agreement to acquire four residential properties in the Stockholm region from Holmström Fastigheter Holding AB (publ). The properties total approximately 16,500 square metres, or about 177,600 square feet, and closing is expected in November 2026, SBF announced Oct. 28.

The acquisition is the third under the strategic partnership between SBF and Baumont. The partnership has an investment capacity of up to SEK 6 billion, and SBF said it continues to actively evaluate further residential investment opportunities in the Stockholm region.

Four Properties Across Three Stockholm-Region Municipalities

The acquisition comprises the properties Stockholm Autopiloten 5 and 9 in Skarpnäck, Nynäshamn Postmästaren 2, and Österåker Berga 10:6 in Åkersberga. The properties span Skarpnäck in southern Stockholm, the separate municipality of Nynäshamn south of the city, and Åkersberga in Österåker, in the northeastern Stockholm commuter belt.

All four assets are residential. Holmström Fastigheter Holding is the seller.

SBF Fonder Portfolio Growth

As a result of the transaction, SBF's total portfolio under management increases to 114 properties across 22 locations in Sweden, the firm said. As of June 30, 2026, SBF Fonder managed approximately SEK 4.2 billion, comprising 106 underlying properties with around 3,200 apartments across 19 locations in Sweden.

SBF describes itself as a manager and developer of private rental housing. Founded in 2003, it has managed 15 residential funds with a total value exceeding SEK 10 billion and offers investment options for individuals, companies and institutional investors. SBF Fonder is an AIF manager supervised by the Swedish Financial Supervisory Authority.

"Together with BauMont, we continue to build a residential portfolio in the Stockholm region," said Johan Rosén, CIO of SBF Fonder. "These properties are in strong micro-locations with clear potential for value creation, and we see further opportunities to grow across the region."

Baumont's Value-Add Strategy

Baumont's investment strategy focuses on acquiring well-located assets where value can be created through intensive asset management and redevelopment, with an emphasis on office, residential and mixed-use opportunities in supply-constrained markets. The firm has offices in London, Paris and Frankfurt and draws on the scale and capital of M&G Real Estate. The deal is characterized as a value-add investment.

Stockholm Residential Market Context

The transaction comes as Swedish residential investment remains active but below the prior year's level. Residential investment volume was SEK 17.8 billion in the second quarter of 2026, down 6.3% from SEK 19.0 billion a year earlier. In the third quarter, volume was SEK 9.0 billion, down 18% from SEK 11.0 billion.

Stockholm's prime residential yield stood at 3.75% in both the second and third quarters of 2026, following a 5-basis-point compression in the second quarter. Regulated residential rents in Stockholm were approximately SEK 2,950 per square metre and remained stable through both quarters.

On the supply side, approximately 4,000 apartments were started in multifamily buildings across Greater Stockholm, Greater Gothenburg and Greater Malmö in the first quarter of 2026, a 26% increase from the same period a year earlier.

Outlook

With closing expected in November 2026, the acquisition adds to the residential holdings SBF Fonder and Baumont Real Estate Capital are assembling in the Stockholm region under their SEK 6 billion partnership. SBF said it is continuing to evaluate additional residential investments in the region.

Sources

• SBF Fonder: SBF expands in the Stockholm region – acquires four additional residential properties