Nyfosa has through two separate transactions acquired four commercial properties with a total value of MSEK 322. The properties, which are located in Södertälje, Halmstad, Varberg and Falkenberg, have an area of ​​approximately 13,552 square meters in total and an annual rental value of MSEK 24.1.

The properties are located in Södertälje as well as Halmstad, Varberg and Falkenberg. The largest tenants are HSB, Bravida, Besikta Bilprovning i Sverige AB and AB Svensk Bilprovning. The average remaining lease term amounts to 3.4 years. The occupancy rate amounts to 96 percent. Financial closing date for the property in Södertälje is on December 1, 2019 and for the remaining properties on November 15, 2019. The acquisitions are financed through own cash, utilization of existing credit facility and borrowing of new credit.

In addition to the above transactions, Nyfosa has also completed two additional transactions (which has already been communicated on the company’s website). The company has acquired two properties in Malmö at a value of MSEK 118, as well as ten properties from Nyfosa's joint venture Söderport Holding AB (“Söderport”), at a value of MSEK 214. The properties which were acquired from Söderport are located in Filipstad, Kumla, Kungsör, Oskarshamn, Piteå and Sandviken.

“We continue to acquire properties at a high pace and are a good step on the road towards our growth target. The fourth quarter’s acquisitions reflect our strategy well with diversification across both geography and segments. It is properties in a mix of attractive locations, long-term contracts and strong tenants, which provides stability and a good return,” says Stina Lindh Hök, COO of Nyfosa.