K-Fast Holding AB: K-Fastigheter hires Niclas Bagler as Deputy CEO with responsibility for the new business segment Construction

K-Fastigheter has presented a new strategy and Business plan for 2024-2028. In the new Business plan there is a shift from having built only for own property management to also sell completed housing properties, with base in the Groups concept houses, to external customers. Niclas Bagler will have responsibility for Business segment Construction and the external business. The division into the business segments Construction and Property Management is done to clarify the values created in the Construction section of the Group.

Niclas Bagler has long experience from the construction and real estate sector with several different positions within BoKlok and Skanska. Most recently he comes from a position as Deputy CEO and country manager Sweden with BoKlok.

"I would like to welcome Niclas to K-Fastigheter and the new position within the business segment Construction. I have had the privilege of getting to know Niclas over several years, most recently in connection with the good collaboration K-Fastigheter and BoKlok developed in connection with deals made between the companies. Niclas has great experience in building conceptually and industrially, as well as having solid experience in developing and selling conceptual homes within the Co-Op segment" says Jacob Karlsson, CEO of K-Fastigheter.

"K-Fastigheter's new strategy to also offer attractive housing solutions to external customers feels very exciting. There is great potential in controlling the entire chain from purchase of land to construction with conceptual prefabricated solutions. This together with being able to shape every deal for either own management, Co-Ops or to an external customer is a decisive competitive advantage for the Group. I look forward to being a part of K-Fastigheter's continued expansion" says Niclas Bagler, incoming deputy CEO with responsibility for business segment Construction.

For more information please contact:
Jacob Karlsson, CEO,
e-mailt: jacob.karlsson@k-fastigheter.se,telephone: +46 10-167 60 71
Johan Hammarqvist, Head of IR and Communications
e-mail: johan.hammarqvist@k-fastigheter.se,telephone: +46 10 167 60 99
 

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 business segment Construction the objective is to deliver completed housing units based on the Group's concept houses, developed in-house, as well as high-quality frame solutions. Our prefab operations is organized in the subsidiary K-Prefab. To enhance cost efficiency and cut construction times, K-Fastigheter has chosen to work with three concept houses for housing, developed in-house. Business segment Property Management manages the Groups property portfolio with focus on housing. K-Fastigheter offers more than 5,000 homes from Copenhagen in the south to Gävle in the north and is continuously assessing new markets. K-Fastigheter strive to create attractive homes with a high comfort factor. The Group's property portfolio has a book value SEK 15,3 billion. Annual rental value in invest properties under management amounts to SEK 686 million. Since November 2019, the company's Class B shares have been traded on Nasdaq Stockholm under the (ticker: KFAST B). Read more at k-fastigheter.com