SBF Fonder to Acquire 312-Apartment Rovan 2 in Solna From Klövern

SBF Fonder has signed an agreement to acquire Rovan 2, a residential property with 312 apartments in Huvudsta centrum, Solna, from Klövern, the firm announced. Closing is expected before year-end.

Details of the Rovan 2 Acquisition

The property totals approximately 8,700 square metres, or about 93,650 square feet. Based on the stated area and unit count, apartments average roughly 27.9 square metres each. The seller is Klövern.

The property is next to Huvudsta metro station and Huvudsta shopping centre, with access to green space, water and central Stockholm.

"The property has an attractive location with direct connection to the metro and Huvudsta shopping centre. The area is under development and its proximity to green spaces, water and Stockholm city makes it a highly sought-after place to live," said Johan Rosén, CIO of SBF Fonder.

SBF Fonder Portfolio Growth

Following closing, SBF's total portfolio under management will increase to 115 properties across 23 locations in Sweden, and the firm said it intends to grow the portfolio further. 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.

At 312 apartments, Rovan 2 represents roughly 9.8% of that previously reported apartment count. It would also become the largest individual asset in SBF's managed rental portfolio.

SBF Fonder was founded in 2003 and has managed 15 residential funds with a total value exceeding SEK 10 billion. It is an AIF manager supervised by the Swedish Financial Supervisory Authority.

Stockholm Residential Market Context

Stockholm residential investment pricing remained firm in 2026. Cushman & Wakefield reported a 3.75% prime residential yield in Stockholm in the third quarter of 2026, unchanged from the prior quarter. Prime yields in the capital were also 3.75% in the second quarter, when Swedish residential investment volume reached SEK 17.8 billion, down 6.3% from SEK 19.0 billion a year earlier.

Rental-market indicators in major Swedish cities have been supportive. Cushman & Wakefield reported regulated rents of approximately SEK 2,950 per square metre in Stockholm in the second quarter of 2026. CBRE separately reported prime annual residential rents of approximately SEK 3,000 per square metre in the first quarter of 2026, with average rents of SEK 1,693 per square metre in 2025, up 6.5% year over year.

Outlook

The transaction adds a sizable single asset to the SBF Fonder portfolio at a time of stable prime yields and lower national residential transaction volume. Closing is expected before the end of the year.

Sources

• SBF Fonder: SBF acquires residential property with 312 apartments in Solna