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Villa Fehr housing association ordered to pay 11.5M kronor loan debt

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Villa Fehr housing association ordered to pay 11.5M kronor loan debt
Key Points
  • Court orders Villa Fehr housing association to pay 11.5 million kronor for unpaid loans
  • Association reaches settlement with loan company Tessin over inherited debts
  • Residents can stay under previous conditions as long-standing dispute is resolved

In October 2025, the Villa Fehr housing association was ordered to pay the loan company Tessin nearly 12 million kronor for inherited debts that the builder Torsten Kai-Larsen borrowed money for, according to official sources. 5 million kronor for unpaid loans, as confirmed by court documents. Lawyer Christian Postolovski confirmed in an email to BLT that the Villa Fehr housing association has reached a settlement with Tessin, though the specific terms of that agreement have not been disclosed.

Residents of the association have lived in uncertainty and worry about what will happen to their apartments and investments since the construction company went bankrupt in the fall of 2023, official sources report. According to major media reports, the dispute regarding Villa Fehr in Nättraby is now resolved after much back and forth, and those who moved into the condominiums get to stay under the same conditions as before. The Villa Fehr saga, the 19th-century farm that has long been in the middle of a paused renovation, is now over, major media outlets state, though it remains unclear what legal or financial protections exist for the residents.

Beyond the court-ordered payment, the Villa Fehr housing association is being claimed 18 million kronor for additional work, according to official sources. 5 million kronor ordered by the court are not yet known. The cause of the construction company's bankruptcy in fall 2023 also remains unspecified.

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Villa Fehr housing association ordered to pay 11.5M kronor loan debt | Reed News