Agreed upon real estate value in the transaction amounted to MSEK 180 (€19M), and the purchase price shall be paid with a mix of payment in own shares, as well as B shares and PREF1 shares, along with existing bank financing, promissory notes and bridge financing that will be refinanced through a combination of bank financing and bonds.
The acquisition means that Real Holding’s rental income increases with approximately MSEK 35 (€3.7M), corresponding to a 150 percent increased compared to the existing portfolio, as well as an increase in net operating income with approximately MSEK 19-20 (€20-21M), corresponding to a 125-133 percent increase.
Real Holding Purchases for €19M
Sweden —
Real Holding purchases 53,000 sqm industry, warehousing and offices in Örnsköldsvik.
2016-08-25
Axel Ohlsson
[email protected]