Our history

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.

Formation of Nyfosa

In November 2018, Nyfosa was listed on Nasdaq Stockholm. The listing marked the beginning of Nyfosa as an independent company after its spin-off from Hemfosa Fastigheter. The goal of the demerger was for the two specialized companies to capitalize on the potential of the entire business. Hemfosa’s portfolio of attractive commercial properties was the property portfolio that was the starting point for Nyfosa’s operations.

Transactions in our DNA

The ambition of the newly-formed Nyfosa was to create a transaction-oriented and opportunistic property company with a small and rapid organization. We quickly established ourselves in our role as the only listed property company focusing on sustainable cash flows and an investment strategy that enables acquisitions in different geographies and categories.

2022

Nyfosa’s joint venture Samfosa closed the acquisition of the property company Bratsberg AS with associated organization. The acquisition was the first in Norway and amounted to approximately MSEK 1,560. In addition, a number of acquisitions have been completed in Sweden and Finland. In total, properties were acquired to a value of SEK 4.4 billion and divested to a value of SEK 1.7 billion. Interest rate hikes and a cautious capital market made financing both more expensive and more difficult. Despite this, Nyfosa increased its distributable cash flow per share by 9.3 percent during the year. At the end of the year, the property value amounted to SEK 40,5 billion.

2021

Nyfosa entered Finland together with Brunswick Real Estate and acquired properties in Finnish regional cities for about SEK 2.5 billion. Nyfosa is intensifying its sustainability efforts and setting new sustainability targets. A framework for green financing was established and green hybrid bonds were issued.

Nyfosa entered Finland together with Brunswick Real Estate and acquired properties in Finnish regional cities for approximately SEK 2.5 billion. In total, properties were acquired to a value of SEK 6.2 billion and divested to a value of SEK 0.7 billion. In November, the decision was made to form a joint venture (Samfosa) in Norway together with Samfunnsbyggeren AS. Nyfosa intensified its sustainability work and set new sustainability goals. A green finance framework was established and green hybrid bonds were issued. At the end of the year, the property value amounted to SEK 37 billion.

2020

Despite a turbulent market due to the coronavirus pandemic, Nyfosa reported positive net leasing for the entire year with a strong cash flow performance per share, which was our new financial target. A number of major transactions were carried out and, in total, properties were acquired for a value of SEK 12.2 billion. Stina Lindh Hök took over as CEO of Nyfosa. At year-end, the property value amounted to SEK 29.4 billion.

2019

In 2019, Nyfosa continued to grow at a rapid pace. Both major portfolio acquisitions and minor transactions were completed, while the organization was supplemented with new expertise for future growth. The year’s largest transaction was a portfolio for a value of about SEK 4.2 billion. At year-end, the property value amounted to SEK 19.6 billion.

2018

Nyfosa was distributed to the shareholders of Hemfosa and the company was listed on Nasdaq Stockholm. Properties totaling a property value of SEK 3.7 billion were acquired during the year. Our single largest acquisition was a property portfolio for a value of SEK 3.6 billion. At year-end, the property value amounted to SEK 15.6 billion.