Brief: Stenhus Fastigheter Invests SEK 170 Mln In Development Property In Uppsala

Stenhus Fastigheter I Norden AB (publ)

18/10/2021 07:06

Oct 18 (Reuters) - Stenhus Fastigheter  SFAST.ST :
    * SAID ON FRIDAY HAD ENTERED INTO AGREEMENT TO ACQUIRE
DEVELOPMENT
PROPERTY IN UPPSALA WITH 15-YR TRIPLE NET LEASE AGREEMENT SIGNED
WITH HEDIN BIL 
    * DEAL TAKES PLACE VIA ACQUISITION OF SHARES IN
PROPERTY-OWNING
COMPANY
    * TOTAL INVESTMENT OF SEK 170 MLN TO BE FINANCED PARTIALLY
WITH
NEW SHARES AND PARTIALLY WITH OWN RESOURCES 
    * TO ISSUE 1.25 MLN NEW SHARES AT SEK 20 PER SHARE
    * TO BUILD CAR DEALERSHIP FACILITY WITH EXPECTED COMPLETION
IN Q1
2023

    
    
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