Genova takes first tranche of Stockholm-area property portfolio deal valued at SEK 673 million
XLRE•Remaining assets to close later
The remaining assets in the portfolio are scheduled to close around year-end 2026/2027 once tenant fit-outs are completed.
The portfolio totals about 19,000 sq m and has an annual rental value of SEK 41 million. Estimated net operating income is SEK 36 million, with an initial yield of about 6%.
Share settlement and transaction details
The board transferred 625,652 treasury common shares to seller Landia to settle SEK 48 million of a SEK 124 million vendor note.
The transfer price was set at SEK 76.72 per share. Outstanding common shares now total 46,975,629, and treasury holdings stand at 329,432 shares.
First tranche of Stockholm-area portfolio acquired
Genova took possession of part of a Stockholm-region property portfolio agreed on July 6, 2026 at SEK 673 million.
