The Lund Student Union 4 property is located in the northeastern part of campus, directly adjacent to Lund University (LTH), the Economics Centre and the nearby innovation clusters Ideon and Medicon Village.
The part of the property that is being divested consists of 15,000 m2 of undeveloped land with a detailed development plan that allows building rights of approximately 25,000 m2 for housing. student and researcher housing. The sale thus enables housing for approximately 600 students and researchers to be built on the site. The detailed plan also includes space for retail, green outdoor environments and courtyards, as well as walking and cycling paths. The planning area is divided into two residential blocks that are divided diagonally to support a connection between the Science Park and LTH.
"With its direct proximity to campus, the building has a strategic location for student and researcher housing. K2A is an established player with a focus on long-term ownership and management. The attractiveness of the campus area, which benefits both Lund University and Lund as a university city," says Anna Alsborger, Property Director at Akademiska Hus.
"Akademiska Hus plays a central role in the transition to sustainable and inspiring campus areas. Through this transaction, we strengthen our ability to contribute to that work and create better opportunities for current and future students," says Johan Knaust, CEO of K2A.
The transaction takes place in company form with an agreed net property value of SEK 138 million, which is 5 percent below book value. K2A takes possession of the property after a property formation has gained legal force. The consulting company Nordanö has advised Akademiska Hus in the sale, and K2A has engaged Advokatfinrman Lindahl as legal counsel.
