Stockholm, January 29, 2015 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Torslanda Property Investment AB:s shares (shortname: TORSAB) commenced today on First North at Nasdaq Stockholm. Torslanda Property Investment belongs to the Financials sector and is the third company to be admitted to trading on Nasdaq’s Nordic markets* in 2015.
Torslanda Property Investment is a Swedish real estate company indirectly owning, managing and letting the property Sörred 8:4 in Gothenburg. The property is fully leased, with Volvo PV representing 97.5 percent of the revenues with a contract that expires on December 31st in 2024. The building, built in 2002, consists of a lettable area of approximately 48,900 sqm. In addition, there are 2,900 parking spaces at the property. For more information, please visit www.torslandapropertyinvestment.se.
“We welcome Torslanda Property Investment to First North and to our Nasdaq-family of companies,” said Adam Kostyál, Senior Vice President and head of European listings at Nasdaq. “We continue to see a strong interest for the public markets within the real estate sector and today’s listing underlines that trend.”
Torslanda Property Investment has appointed Wildeco Ekonomisk Information AB as Certified Adviser.
*Main markets and First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About First North
First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at First North are subject to the rules of First North and not the legal requirements for admission to trading on a regulated market. The risk in such an investment may be higher than on the main market”
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