Gernandt & Danielsson advises Swedbank in real estate brokerage deal
Most of the franchisees of Svensk Fastighetsförmedling have on the same day acquired Svensk Fastighetsförmedling and entered into a cooperation agreement with Swedbank AB. Swedbank's subsidiary Fastighetsbyrån AB has in connection therewith acquired 9 per cent of the shares in Hemnet Sverige AB and will thereafter own 34 per cent of the shares in Hemnet. In addition, Fastighetsbyrån has entered into an option agreement with the right to acquire additional shares in Hemnet.
Gernandt & Danielsson advised Swedbank (and relevant subsidiaries) in connection with the transactions now completed with a team consisting of Partners Johan Josjö and Candra Torebring, Counsel Rolf Larsson, Senior Associates Erik Åslund and Sofie Viktorsson and Associates Philip Rämsell and Helén Landenberg.