Baker & McKenzie LLP

09/20/2024 | Press release | Distributed by Public on 09/20/2024 08:26

Baker McKenzie legal advisor to Carnegie, Danske Bank and Swedbank in NP3's primary issuance of shares of SEK 1 billion

NP3 Fastigheter AB (publ)has carried out a primary issuance of shares of SEK 1 billion through an accelerated bookbuilding procedure.

NP3 is a cash flow oriented real estate company focusing on commercial and high yielding investment properties, mainly in northern Sweden. As of 30 June 2024, the property portfolio comprised of 2,029,000 square metres lettable area distributed over 516 real estate properties within the segments industrial, logistics, retail, offices and others. The property portfolio is divided into eight business areas: Sundsvall, Gävle, Dalarna, Östersund, Umeå, Skellefteå, Luleå and mid-Sweden. The property value as of 30 June 2024 amounted to SEK 20.9bn. The NP3 share is listed on Nasdaq Stockholm, Large Cap. NP3 was founded in 2010 and is based in Sundsvall, Sweden.

Carnegie, Danske Bank and Swedbank acted as Joint Bookrunners. Baker McKenzie acted as legal advisor to the Joint Bookrunners with a capital markets team consisting of Henric Roth, Per Blom and Oscar Bang.