Nyfosa signs letter of intent regarding acquisition of property portfolio for approximately SEK 1.1 billion
Nyfosa has signed a letter of intent with Galjaden Fastigheter AB to acquire a property portfolio primarily comprising properties for warehousing, industrial and wholesale operations, mainly located in high-growth municipalities in Sweden. The portfolio contributes with strong cash flows and continued growth.Nyfosa intends to acquire 90 percent of the property portfolio for a value of approximately SEK 1.1 billion. The remaining 10 percent of the portfolio will be retained by Martin Hansson, one of the part-owners and CEO of Galjaden. Martin Hansson will continue to be the CEO of the