Oscar Properties Buys in Veddesta

Oscar Engelbert.

Image: Nicklas Tollesson

Oscar Properties Buys in Veddesta

Sweden — Oscar Properties Holding AB (publ) has signed an agreement to acquire three commercial properties in the Veddesta industrial area in Järfälla. The purchase price is based on an agreed property value of SEK 217 million after deduction of deferred tax. The properties' joint net operating income amounts to SEK 13.4 million.

2022-03-21

The deal concerns two industrial properties and a mixed property with a total lettable area of approximately 7,987 square meters. The industrial properties are rented to one tenant each. The seller is DSAM Sverige AB, which is partly owned by Daniel Özboyaci. The acquisition is conditional on financing.

The acquisition is expected to increase Oscar Properties' annual earning capacity by SEK 8 million, from SEK 109 million to SEK 117 million.

"We are pleased to expand our portfolio with three more investment properties in an attractive industrial area in the Stockholm area," comments Oscar Engelbert, CEO of Oscar Properties.

Axel Ohlsson

[email protected]