ARTICLES TAGGED WITH "Neobo"

Neobo approved for listing on Nasdaq Stockholm

Sweden Sweden — Nasdaq Stockholm's listing committee has approved Neobo Fastigheter’s application for admission of Neobo’s shares to trading on Nasdaq Stockholm. The approval is subject to certain customary conditions, including the approval and registration of a prospectus by the Swedish Financial Supervisory Authority. The first day of trading on Nasdaq Stockholm is scheduled for Friday 20 September 2024 and the last day of trading on Nasdaq First North Premier Growth Market is scheduled for Thursday 19 September 2024.

Ylva Sarby Westman after Neobo's report: "Sweden needs more housing"

Sweden Sweden — During Wednesday, Neobo presented its result after the first half of 2024. Net income increased to SEK 229 million, which is an increase of 3.4 percent, while the management result decreased from SEK 75 to 68 million. "The company's operations continue to develop positively", says Neobo's CEO, Ylva Sarby Westman.

Neobo's strategy going forward: First divestments – then acquisitions

Sweden Sweden — The real estate company Neobo continues to reduce its vacancies and increase its occupancy rate. On the other hand, the company reports a significantly lower operating result during the first quarter, compared to the same period the year before. The company's CEO, Ylva Sarby Westman, tells Nordic Property News: "We must work with all lines in the income statement if we are to succeed."

Neobo divests property portfolio in Eskilstuna

Sweden Sweden — Neobo Fastigheter AB has divested six residential properties in Eskilstuna at an underlying property value of SEK 113 million, which is in line with the most recent external valuation that was conducted at year-end.

Share Price Cut in Half – Here Is How Neobo Will Convince the Market Now

Sweden Sweden — SBB's housing spin-off Neobo has seen its share price halved since the listing on February 10, from SEK 16 down to around SEK 8. On Wednesday, the company submitted its first quarterly report since the separation from SBB and Nordic Property News got an interview with the company's CEO Ylva Sarby Westman. Among other things, she talks about the upcoming measures to strengthen the company, the views on the transaction market and how to succeed in convincing the market of the company's strengths.

Neobo Will Be the New Listed Residential Company in Sweden

Sweden Sweden — The stock exchange's largest company focused on residential properties has been named Neobo and will be listed sometime in February 2023. On December 30, the company will be completely spun off from SBB and will then become an independent company that is aiming for an intensive 2023. But in what way? Here the company's CEO Ylva Sarby Westman tells Nordic Property News more about what lies in store.