Nyfosa divests properties in Sweden for MSEK 555

In two transactions, Nyfosa has divested ten properties with warehouses and light industry in Malmö, Helsingborg, Jönköping and Österåker. The selling price amounts to MSEK 555 and the annual rental value is MSEK 40.

The properties have a total lettable area of 55 thousand square meters and an economic occupancy rate of 100 percent. Two of the properties are located in Malmö, one in Helsingborg, one in Jönköping and six in Österåker. Total average remaining contract period amounts to 4.2 years. Closing takes place during April 2023.

"The sale releases capital for new business opportunities in order to strengthen our cash flows," comments Stina Lindh Hök, CEO of Nyfosa.

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, 2022, Nyfosa’s property value amounted to approximately SEK 40.4 billion. Nyfosa's share has been listed on Nasdaq Stockholm Large Cap since 2018. Read more at www.nyfosa.se.