Brief: Nyfosa Partners With Samfunnsbyggeren In Norway

Altra Fastigheter AB

05/11/2021 08:20

Nov 5(Reuters) - Nyfosa AB  NYFO.ST :
    * DECIDED TO ENTER NORWAY TOGETHER WITH PROPERTY COMPANY
SAMFUNNSBYGGEREN AS
    * INTENDS TO BUILD UP DIVERSIFIED PROPERTY PORTFOLIO FOCUSED
ON
NORWEGIAN REGIONAL CITIES
    * FORMS JOINT VENTURE TOGETHER WITH SAMFUNNSBYGGEREN,
50%OWNERSHIP
EACH
    * GOAL IS TO TAKE ADVANTAGE OF BUSINESS OPPORTUNITIES AND
BUILD UP
PROPERTY PORTFOLIO OF SEK 5-7 MILLION WITH LONG-TERM PERSPECTIVE
    * FOCUS WILL BE ON REGIONAL CITIES IN ALL SEGMENTS EXCEPT
FOR
COMMUNITY PROPERTIES
    * SIMON VENEMYR OTTERSLAND, MAIN OWNER OF SAMFUNNSBYGGEREN,
WILL
BECOME THE CEO OF THE JOINT VENTURE

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nNDLHSbH7
 Further company coverage:  NYFO.ST  

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