The sale is conditional on a general meeting of shareholders in Bråviken Logistik AB approving the sale and a final approval from the buyer's investment committee. Notice of Extraordinary General Meeting will be announced shortly. Provided that both parties decide to approve the Sale, it is estimated that it can be implemented at the end of October 2019.
”After a period of interest in our properties we are now pleased to be able to present this attractive transaction to our stock owners. The interest in logstics properties has never been larger and the yield demand has dropped to interesting levels. We feel that it is a good time to sell all properties and realize the value to our stock holders,” says Bråviken’s CEO Johan Åskogh.