Oscar Engelbert, CEO of Oscar Properties.
Image: Nicklas Tollesson
Sweden —
Oscar Properties has entered into an agreement regarding the sale of a property portfolio at an agreed property value of SEK 165 million.
The divestment takes place in line with book values as of 31 December 2022. Withdrawal takes place during the first quarter of 2023.
"Through this divestment, we free up capital to amortize debt and strengthen the balance sheet." says Oscar Engelbert, CEO and founder of Oscar Properties.
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