Nyfosa acquires a warehouse portfolio at a value of MSEK 176
Nyfosa has recently signed an agreement with Hamhus AB to acquire a warehouse portfolio at a value of SEK 176 million in southern Sweden. The acquisition comprises six properties.
The acquired warehouse portfolio comprises six properties of approximately 32,155 square meters in total with annual rental income of SEK 18.9 million. The properties are located in the following six cities in southern Sweden: Linköping, Nässjö, Ljungby, Malmö, Växjö and Falköping. The tenants include among others PacsOn, Xerox Sverige AB and Laritryck and the average remaining lease term amounts to 4.9 years. The leasing rate amounts to 97 percent. Closing date will be today on April 30, 2019. The acquisition is financed through own equity.
“The newly acquired warehouse portfolio consists of properties that maintain good quality with favorable location in each market. The properties complement the commercial portfolio well geographically and offer a good return.”, says Stina Lindh Hök, COO of Nyfosa.
For more information, please contact:
Jens Engwall, CEO, jens.engwall@nyfosa.se, tel: +46 706 906 550
Stina Lindh Hök, COO, stina.lindh.hok@nyfosa.se, tel: +46 705 771 885
About Nyfosa
Nyfosa is a transaction-based and opportunistic property company. The company’s business concept is based on active participation in the Swedish transaction market combined with an investment strategy that can be flexible to the property market. The goal is to develop and add value to a growing property portfolio while generating sustained high returns. At present, Nyfosa is focusing primarily on commercial properties in Sweden. As of December 31, 2018, Nyfosa owned commercial properties with a total property value of approximately SEK 15.6 billion. The company’s stock is listed on Nasdaq Stockholm since November 2018. Read more at www.nyfosa.se.
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