AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Nyfosa

M&A Activity Feb 27, 2024

2952_iss_2024-02-27_7510eb09-a981-4d67-931c-b3af44b79dca.pdf

M&A Activity

Open in Viewer

Opens in native device viewer

Nyfosa evaluates strategic options for its holding in Söderport Property Investment AB

Nyfosa has decided to evaluate the strategic options, including a potential divestment, for its 50 percent shareholding in Söderport Property Investment AB ("Söderport").

The evaluation is to be seen in the context of Nyfosa's opportunistic strategy and the company's continuous review of current investments and new business opportunities.

Söderport consists of 86 industrial, warehouse and office properties with a leasable area of 777 thousand sqm in Stockholm and Gothenburg. Söderport's profit from property management amounted to MSEK 449 in 2023. As of 31 December 2023, Söderport's property value was SEK 14.4 billion. Nyfosa has jointly owned Söderport together with AB Sagax since 2010.

For more information, please contact:

Stina Lindh Hök, CEO, [email protected], tel +46 (0)70 577 18 85

About Nyfosa

Nyfosa is a transaction-intensive real estate company that creates value by building sustainable cash flows and constantly evaluating new business opportunities. With our opportunistic strategy, we invest in properties in different geographies and categories. We are currently active on the Swedish, Finnish and Norwegian markets with a focus on commercial properties in high-growth municipalities. We manage and develop our properties in close collaboration with tenants and the surrounding community, with the perspective that sustainability and profitability go hand in hand. As of December 31, 2023, Nyfosa's property value amounted to SEK 39 billion. Nyfosa's share has been listed on Nasdaq Stockholm Large Cap since 2018. Read more at www.nyfosa.se.

This information is information that Nyfosa is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2024-02-27 07:30 CET.

Attachments

Nyfosa evaluates strategic options for its holding in Söderport Property Investment AB

Talk to a Data Expert

Have a question? We'll get back to you promptly.