Kielo establishes its own organization and becomes a fully owned company by Nyfosa
Nyfosa and Brunswick Real Estate (”Brunswick”) has signed an agreement where Nyfosa will acquire the remaining 1.04 percent of the shares in Kielo. Furthermore, Nyfosa has reached an agreement with Brunswick that Kielo establishes its own organization and takes over parts of Brunswick's team that has been responsible for Kielo's property management and investments in Finland during the parties’ previous partnership.Kielo takes the next step in the development as a wholly owned subsidiary of Nyfosa. The acquisition price is EUR 12.6 million, corresponding to approximately SEK 144 million. As