The new company will have a property portfolio of around 40 properties with a value of over SEK 1 billion. The property portfolio is geographically concentrated in southern Sweden.
The goal is to create a larger company with a continued focus on community properties and residentials, which today represents over 75 % of the value.
The company will expand the number of shareholders and list the company in 2016. The company's CEO is Magnus Blomsterberg – former CEO of the icehockey team Rögle – and Chairman of the Board is Erik Selin, CEO of Balder.
Backahill owns 45% of the shares, Balder 35% and Er-Ho Bygg circa 10%. The rest of the shares are owned by smaller local investors.
Magnus Blomsterberg.
Image: Privat
Balder and Backahill Become Owners of New Brinova
Sweden —
Balder and Backahill creates the new company Brinova. The aim is set for listing the company in 2016.
2015-10-30
Nicklas Tollesson
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