Nyfosa divests retail property at a value of MSEK 220

Nyfosa has signed an agreement to divest a property at an underlying value of MSEK 220 to Tingsön Fastigheter AB.

The property, with mainly retail tenants, is located in central Södertälje with a rental area of approximately 13 thousand square meters. The annual rental income amounts to approximately MSEK 19 and the rental value amounts to approximately MSEK 21. Closing date will be today on February 1, 2021.  

“We are divesting a retail property in central Södertälje that is facing a major renovation and will continue to focus on growth and stable cash flows”, says Stina Lindh Hök, CEO of Nyfosa.

For more information, please contact:  
Stina Lindh Hök, CEO, stina.lindh.hok@nyfosa.se, tel +46705 771 885

About Nyfosa
Nyfosa is a transaction-based property company that creates value by accumulating sustainable cash flows and continuously evaluating new business opportunities. Our opportunistic investment strategy enables acquisitions throughout Sweden and in various categories, but we prioritize commercial properties in high-growth municipalities. We manage and develop our properties in close collaboration with tenants and the surrounding community, with the perspective that sustainability and profitability go hand in hand. As of September 30, 2020, Nyfosa’s property value amounted to approximately SEK 28,6 billion. Nyfosa's share has been listed on Nasdaq Stockholm Large Cap since 2018. Read more at www.nyfosa.se.

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