Nyfosa to divest logistics portfolio for approximately SEK2.1bn.

NORDIC BUSINESS REPORT-July 10, 2020-Nyfosa to divest logistics portfolio for approximately SEK2.1bn

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Nyfosa AB (STO:NYF), a transaction-based and opportunistic property company, announced on Thursday the signing of a letter of intent with funds advised by Blackstone to divest a logistics portfolio with an approximate value of SEK2.1bn.

Reportedly, this divestment will pave the way for new acquisitions with cash flow in focus.

According to the company, the intention is to enter into...

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