As announced through a press release on July 10, 2019, Nyfosa’s joint venture Söderport Holding AB, which is owned equally by Nyfosa and Sagax, has agreed to transfer six properties in Torslanda to the listed one-property company Torslanda Property Investment AB (“TPI”).
The transaction was subject to approval by the Extraordinary General Meeting of TPI. At the Extraordinary General Meeting on August 22, 2019, the transaction was approved and the condition for the transaction is thus fulfilled.
Closing date is expected to take place on October 1, 2019.