Lindahl advises as Brinova carries out major acquisition in Skåne and raises approximately SEK 143 million through a directed share issue

Brinova has acquired five properties in Bara Centrum, just outside Malmö, with an underlying property value of SEK 475m.

The holding consists of residential apartments and community properties including a sports centre, library, public dental surgery, grocery store, etc. CBRE acted as sole broker for the transaction. Completion takes place on 30 September.

In parallel with the transaction, Brinova carried out a directed share issue of 4,837,614 class B shares, with the company raising approximately SEK 143 million before issue costs. Swedbank acted as sole bookrunner for the capital raising process.

Lindahl advised Brinova on both the acquisition and the share issue. Lindahl’s team consisted mainly of Johan Tollgerdt (Real Estate), Carl-Johan Krusell (Corporate Finance), Therese Norenäs (Tax), Andreas Lindh (Real Estate), Sanna Hanspers (Real Estate), Åsa Fahlén (Tax) Jesper Fredriksson (Real Estate), Pernilla Dahlberg (Real Estate) and Pontus Söderberg (Corporate Finance).

Om vår klient Brinova

Brinova is a property company that develops and manages primarily residential and community properties in selected locations with good communications in southern Sweden. Brinova’s class B share is listed on Nasdaq Stockholm and is traded on the Small Cap list.

Do you want to know more? Contact:

Johan Tollgerdt Ronnell

Partner | Advokat

Carl-Johan Krusell

Partner | Advokat

Jesper Fredriksson

Senior Associate | Advokat

Pernilla Dahlberg

Senior Associate | Advokat

Pontus Söderberg

Senior Associate | Advokat