KKR Funds New Stockholm Multifamily Development with Reliwe in Täby
KKR has entered into an agreement with Swedish developer Reliwe to forward-fund a new multifamily residential development in Täby, one of the most desirable municipalities in Stockholm. The deal, made through KKR’s European Real Estate strategy, marks the firm’s second residential investment in Stockholm’s capital region since the start of 2025.
The Täby development will consist of three residential buildings, totaling 325 units across approximately 15,300 square meters (about 165,000 square feet) of leasable space. The project is set to be completed in phases between 2026 and 2028. Situated adjacent to Täby Centrum, one of Stockholm’s premier shopping centers, the location offers strong connectivity and extensive amenities.
This investment follows KKR’s February acquisition of three multifamily properties in Haninge, just south of the Stockholm city center. Both ventures are part of KKR’s ongoing collaboration with its local operating partner, Cavendo, to build and manage a robust residential platform in the region. Together, these developments bring the total number of residential units under development to approximately 700.
“This transaction is another key step in our strategy to assemble a high-quality residential platform in the Stockholm region,” said Alexander Thams, Head of Nordics Real Estate at KKR. “Täby is one of the most attractive and supply-constrained municipalities in Sweden, and this development offers modern, sustainable living in a location where rental stock is typically limited.”
