Nyfosa divests retail property for a value of MSEK 139
Nyfosa has divested a retail property in central Linköping, Sweden, for a value of MSEK 139. The Dynamon 5 property, comprising an area of about 4.1 thousand square meters, was acquired by property company Botrygg. The property has a rental value of MSEK 9.5, of which 60 percent comes from retail, with a remaining lease term of 3.2 years. The property was vacated on June 1, 2020.
“We are always open to divest properties if we find a good and logical deal. This is a solitary retail property in central Linköping where we saw a good opportunity to sell”, comments Stina Lindh Hök, COO of Nyfosa.
For more information, please contact:
Stina Lindh Hök, COO, email@example.com, mobile +46 70 577 1885
Jens Engwall, CEO, firstname.lastname@example.org, mobile +46 70 690 65 50
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 aim is to develop and add value to a growing property portfolio with sustained high returns. At present, Nyfosa is focusing primarily on commercial properties in Sweden. As of March 31, 2020, Nyfosa owned commercial properties with a total property value of approximately SEK 24.8 billion. Read more at www.nyfosa.se.