Brabo Stockholm AB Completes Divestment of Building Rights in Rindö Harbour
Deal News | Dec 10, 2024 | Gernandt & Danielsson Advokatbyr
Brabo Stockholm AB has completed the divestment of building rights in Rindö Harbour, Vaxholm municipality, marking a strategic move in its housing development plans. The transaction was successfully signed and closed on December 10, 2024. Gernandt & Danielsson Advokatbyrå, a leading Swedish law firm, provided legal counsel to Brabo Stockholm. The advisory team was led by partner Magnus Lidman and associate Mikael Yemen. This divestment aligns with Brabo Stockholm's broader strategic initiatives in the housing sector, focusing on enhancing development efficiency and capital allocation in key areas. The transaction further underscores the active role of legal advisors in facilitating real estate deals in the region.
Sectors
- Real Estate
- Legal Services
Geography
- Sweden – The transaction took place in Rindö Harbour, Vaxholm municipality, located in Sweden.
Industry
- Real Estate – The article discusses the divestment of building rights, a key activity in the real estate sector.
- Legal Services – Gernandt & Danielsson provided legal advisory services for the transaction, highlighting the role of legal expertise in real estate deals.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Brabo Stockholm AB | Target company | Company | The company divested its building rights in Rindö Harbour, Sweden. |
| Gernandt & Danielsson Advokatbyrå | Legal advisor | Company | A Swedish law firm that advised Brabo Stockholm AB on the transaction. |
| Magnus Lidman | Partner | Person | A partner at Gernandt & Danielsson who led the legal advisory team for the transaction. |
| Mikael Yemen | Associate | Person | An associate at Gernandt & Danielsson who was part of the legal advisory team. |