Skånska Travsällskapet and MKB Fastighets AB and have reached an agreement on the sale of Jägersro Travbana in Malmö. The development area is 400,000 square meters in size and the value of the deal amounts to SEK 775 million. The transaction enables the construction of a new center for equestrian sports and the development of a new district in Malmö with approximately 3,400 new homes. The deal is conditional on a decision by Skånska Travsällskapet’s general meeting and by MKB’s board.
Through the deal, Skånska Travsällskapet can preserve Malmö’s traditional trotting sport at Jägersro, but in a newly developed version.
LA PARTNERS has acted as legal advisor to Skånska Travsällskapet in the sale with a team that mainly consisted of lawyers Andreas Ekstrand, Annika Edmén and Emma Kratz.