Nasdaq Stockholm Welcomes Nyfosa to the Main Market
Stockholm, November 23, 2018 — Nasdaq (Nasdaq: NDAQ) announces that Nyfosa AB (short name: NYF), a large cap company within the financial services sector (sub sector: real estate), today will start trading of its shares on the main market of Nasdaq Stockholm. Nyfosa is a spinoff from Hemfosa Fastigheter AB and is the 69th company to list on Nasdaq’s Nordic markets* in 2018.
Nyfosa is a transaction-based property company in which business activities are in focus. The company’s business concept is based on active participation in the Swedish transaction market combined with an investment strategy that can be flexible to the property market, meaning it is not limited by property category, region, scope of the transaction or holding period. Nyfosa’s property portfolio is divided into the categories of Offices, Logistics/Warehouse and Other. The properties are well diversified geographically and are mainly located in high-growth municipalities and transportation hubs in Sweden. For more information, please visit www.nyfosa.se.
“We are pleased and proud that Nyfosa is now listed as an independent company on Nasdaq Stockholm,” said Jens Engwall, CEO of Nyfosa. “Nyfosa is a transaction-based property company whose business model offers a new investment alternative in the Swedish property market. We start with a solid commercial property portfolio of SEK 15.4 billion and our ambition is to grow rapidly. With Nyfosa’s experienced team and the right resources we have the conditions in place to reach our goals. I look forward to leading a growing listed property company that goes its own way.”
“We are excited to welcome Nyfosa to the Nasdaq Stockholm main market,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “Nyfosa joins our strong group of real estate sector peers, and we look forward to supporting Nyfosa on its continued journey as an independent Nasdaq listed company.”
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
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