As previously announced, Nyfosa signed an agreement on June 10, 2020 for the acquisition of a property portfolio comprising mainly tax-funded tenants at a value of SEK 4.9 billion from SBB i Norden AB.
The transaction is conditional upon financing and the approval of the Swedish Competition Authority. Nyfosa’s financing has now been secured by raising new bank loans. A favorable ruling is anticipated from the Swedish Competition Authority, which is expected to be issued in July.
Closing is scheduled to take place as soon as possible following approval by the competition authority and not later than August 17, 2020.