The acquisition is a so-called sale and lease back deal where the tenant and seller are subsidiaries of XANO Industri AB. Annual rental value amounts to SEK 7.1 million (EUR 0.65 million) with a ten-year contract period. The acquisition is financed with bank loans and equity. The date of entry is planned for 28 October 2024.

"The acquisition is in line with Nivika's strategy to expand in attractive markets with properties and tenants that provide long-term stable returns. It gives us a strengthened position in the Jönköping market and a direct positive impact on Nivika's ongoing cash flow and earnings per share, which is central for our long-term growth, says Sverker Källgården," CEO of Nivika Fastigheter.

"We are satisfied with the deal and that Nivika is taking over as property owner, we look forward to continued good cooperation. With Nivika as a partner, we feel secure in being able to continue developing our business in Ljungarum," says Lennart Persson, CEO of XANO Industri .

A&P Fastighetstransaktioner has been the seller's adviser in the deal.