K-Fastigheter reduces its ownership stake in the jointly owned real estate company K-Fast Kilen

K-Fast Holding AB (“K-Fastigheter”) has divested shares corresponding to 1.2 percent in its subsidiary K-Fast Kilen AB. K-Fastigheter’s ownership thus decreases to 50 percent and K-Fast Kilen AB is reported as an associated company as of 1 January 2026. The buyer of the shares is a company within Kilenkrysset Förvaltning AB (“Kilenkrysset”), which after the transaction owns 50 percent.

Since 2021, K-Fast Kilen AB is a company jointly owned by K-Fastigheter and Kilenkrysset, focusing on the development, construction and management of K-Fastigheter’s concept buildings in the Mälardalen region. K-Fastigheter is responsible for technical and financial management of the portfolio.

“We have had a very good collaboration with Kilenkrysset since the start, as we jointly established the company as an important player for properties and residential buildings in the Mälardalen region. K-Fast Kilen’s current property portfolio after completion is comparable to K-Fastigheter’s at the time of the IPO in December 2019, and there is still a clear growth potential,” says Jacob Karlsson, CEO of K-Fast Holding AB. “The reduction of our ownership in K-Fast Kilen is part of K-Fastigheter’s strategy to develop the group’s construction and contracting operations. We will continue to be a committed and long-term owner and to contribute to strengthening K-Fast Kilen’s market position.”

“Kilenkrysset is a privately owned construction and real estate group formed in 1990, headquartered in Strängnäs. We are one of Sweden’s largest landowners and our business concept is to build, manage, own and develop areas for warehouses and logistics, offices, housing and community benefits in the long term,” says Jan Persson, Kilenkrysset’s founder and CEO. “The collaboration with K-Fastigheter is based on the fact that we have a similar business philosophy and the results clearly show that we can continue as partners. According to our partnership agreement, half of the operating profit is to be distributed to the respective owner, and the other half will be reinvested in new projects. This ensures continued growth through projects while the holding will generate cash flow for the owners. I look forward to continuing to build the company.”

As of 30 September 2025, the property portfolio comprised approximately 39,790 square meters of residential and commercial space, with a total market value of SEK 1,695.0 million. In addition, the company currently has 679 apartments under construction and 405 apartments in project development, with a total estimated market value of approximately SEK 3,067 million.

For more information, please contact:
Jacob Karlsson, CEO,
e-mail: jacob.karlsson@k-fastigheter.se, telephone: +10 167 60 71

Anders Antonsson, Head of Investor Relations and Communications,
e-mail: anders.antonsson@k-fastigheter.se, telephone: +46 10 204 85 35

K-Fastigheter is much more than a property company. Through an integrated process, we build our business in the two business segments Construction and Property Management. In the Construction business segment, completed homes are delivered, where K-Fastigheter has chosen to work with three in-house developed concept houses for homes to enhance cost efficiency and cut construction times. Furthermore, through the subsidiary K-Prefab, K-Fastigheter delivers complete frame solutions internally as well as to external customers. The Property Management business segment manages the Group’s property portfolio with a focus on housing and since April 2025, K-Fastigheter owns 57.6 percent of Brinova Fastigheter AB, which is a leading property company in southern Sweden, with a focus on the Öresund region. Since 2019, K-Fastigheter’s B shares have been traded on Nasdaq Stockholm (short name: KFAST B). Read more at k-fastigheter.se

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