Diös acquires properties for 170 million
Diös is acquiring a property of 16,000 m2 in central Östersund, plus a smaller property of 5,500 m2 in the centre of Sollefteå. The seller is Norells Fastighetsförvaltning. Transfer of ownership will take place during the first quarter of 2022.
The property in Östersund is comprised of offices, residences and urban services. The property in Sollefteå is comprised of residences and urban services. Annual rental value amounts to SEK 19 million, the occupancy rate is at 90 per cent and the average duration of contract is three years. The seller receives circa 6 percent of the payment by transfer of Diös’s own repurchased shares. The transaction will be reported in the first quarter of 2022.
“We continue to acquire properties that have a strong cash-flow and potential for growth. The property in Östersund enhances our presence in the city centre and complements our portfolio and offering to tenants. We see a good opportunity to continue to develop the property for current and new tenants, as well as upgrade the residential units,” says Annie Franzon, Transactions Manager, Diös.
For further information please contact:
Annie Franzon, Transactions Manager, Diös.
Telephone: +46 (0) 10-470 95 08
Diös Fastigheter owns and develops commercial and residential properties in prioritized cities of growth. With a property value of SEK 26.6 billion, a portfolio of 336 properties and a lettable area of 1,490 thousand sq.m, our vision is to create Sweden’s most inspiring cities. Our market extends from Borlänge to Luleå, and the company’s head office is in Östersund. Since it started in 2005, the company has had continuous growth in the value of its property portfolio and its shares are listed on NASDAQ OMX Stockholm, Mid Cap. Find out more about Diös at www.dios.se
Diös Fastigheter AB (publ), Box 188, 831 22 Östersund | Tel: +46 770-33 22 00, firstname.lastname@example.org, www.dios.se | Org.no: 556501-1771