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Nyfosa intends to propose dividend in kind of shares in Torslanda Property Investment AB

The Board of Directors of Nyfosa AB intends to propose the Annual General Meeting of Nyfosa to resolve on a dividend in kind in the form of shares corresponding to 15 percent of the total number of shares in Torslanda Property Investment AB ("TPI"). Nyfosa's joint venture Söderport Holding AB ("Söderport") currently owns 78 percent of TPI. Söderport is owned equally by Nyfosa and AB Sagax. TPI is a Swedish real estate company that owns and manages properties with a leasable area of 194,000 square meters and with a market value of SEK 3 billion. The company’s share is listed on Nasdaq

Conditions for Söderport's sale of properties to Torslanda Property Investment fulfilled

As announced through a press release on July 10, 2019, Nyfosa's joint venture Söderport Holding AB, which is owned equally by Nyfosa and Sagax, has agreed to transfer six properties in Torslanda to the listed one-property company Torslanda Property Investment AB ("TPI"). The transaction was subject to approval by the Extraordinary General Meeting of TPI. At the Extraordinary General Meeting on August 22, 2019, the transaction was approved and the condition for the transaction is thus fulfilled. Closing date is expected to take place on October 1, 2019.

Nyfosa's joint venture Söderport divests properties in Torslanda for MDSEK 2.3 and sets the foundation for a new property company

Nyfosa's joint venture Söderport Holding AB ("Söderport"), which is owned equally by Nyfosa and Sagax, has today, through a subsidiary, agreed to transfer six properties in Torslanda to the listed one-property company Torslanda Property Investment AB ("TPI"). The transaction takes place in corporate form and the underlying property value amounts to MDSEK 2.3, which represents externally assessed market value. TPI pays MSEK 965 of the purchase price in terms of newly issued TPI shares. The issue price amounts to SEK 195.46 per share, which corresponds to the TPI's net asset value. Through

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