Nasdaq Stockholm Welcomes Tre Kronor Property Investment to First North
Stockholm, November 10, 2017 — Nasdaq (Nasdaq: NDAQ) announces that the trading in Tre Kronor Property Investment AB’s shares (short name: 3KR) commenced today on Nasdaq First North in Stockholm. Tre Kronor Property Investment belongs to the financial sector (sub sector: real estate) and is the 93rd company to be admitted to trading on Nasdaq’s Nordic markets* in 2017.
Tre Kronor Property Investment is a Swedish real estate company specialized in food (e.g. grocery stores) and social services properties. Its current portfolio includes 72 properties with a total, rentable area of 78 987 square meters. Tre Kronor Property Investment’s largest tenants are Systembolaget, ICA and a number of government organizations, and the company primarily owns property in the southern and central parts of Sweden. For more information, please visit www.3krproperty.se.
“We will have a close dialogue with our tenants to understand their development plans,” said Michael Johansson, CEO of Tre Kronor Property Investment. “Our potential lays in being an active landlord that supports our tenant’s business. This builds value for them and for our shareholders.”
”The portfolio will be carefully analysed and possible acquisitions will be considered to create value for the shareholders and increase the dividend per share,” said Bernt-Olof Gustafsson, Chairman of Tre Kronor Property Investment.
“We welcome Tre Kronor Property Investment to Nasdaq First North,” said Adam Kostyál, SVP and Head of European listings at Nasdaq. “We congratulate the company on its successful listing, and look forward to stand by them on their journey as a public company.”
Tre Kronor Property Investment AB has appointed FNCA Sweden AB as the Certified Adviser.
*Main markets and Nasdaq First North at Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland and Nasdaq Stockholm.
About Nasdaq First North
Nasdaq First North is regulated as a multilateral trading facility, operated by the different exchanges within Nasdaq Nordic (Nasdaq First North Denmark is regulated as an alternative marketplace). It does not have the legal status as an EU-regulated market. Companies at Nasdaq First North are subject to the rules of Nasdaq 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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