Episurf Medical has entered into an agreement to acquire all shares in Kuststaden Invest, including the company’s wholly owned property-owning subsidiaries, from the company’s current owners. The property portfolio comprises approximately twenty properties, primarily in Oskarshamn, with an agreed property value of SEK 647 million, a lettable area of approximately 52,000 sqm and a rental income of approximately SEK 56.9 million. Closing is expected to take place during the fourth quarter of 2026.

“Kuststaden is a well-managed property portfolio in Oskarshamn with tenants such as Scania, Coop and Region Kalmar län and an occupancy rate of around 95 percent. Through the acquisition, Episurf gains a portfolio with over 8 years of average lease term and an experienced local management organisation,” says Jens Andersson, CEO of Episurf Medical.

“We believe in the team at Episurf and their ability to build a strong property company with a focus on cash flow and returns. The Kuststaden team and I look forward to continuing to create value as part of the new affiliation with Episurf, where greater access to the capital markets combined with our network in the region provides good conditions to continue doing business in our region,” says Magnus Johansson, CEO of Kuststaden Invest.

Episurf has entered into an agreement to acquire all shares in Kuststaden Invest, including the company’s wholly owned property-owning subsidiaries. The sellers are the company’s current owners: NEEL Capital Partners, Virbo Invest, Polberga, Magnus Johansson and Robert Pejic.

The property portfolio comprises twenty properties with a total lettable area of approximately 52,000 sqm, primarily located in Oskarshamn with additional properties in Västervik, Mönsterås and Hultsfred. The portfolio is mixed-use and comprises retail, grocery, light industry and logistics, office and residential, with tenants such as Scania, Coop, Region Kalmar län, Oskarshamn Municipality and Swedbank.

The total agreed property value amounts to SEK 647 million.

The purchase price is financed through an issue of B-shares of SEK 184 million at a price of SEK 0.10 per B-share, together with financing from banks and credit institutions. The acquisition is conditional upon the buyer obtaining the requisite financing.

The issue of B-shares may result in dilution for existing shareholders of approximately 30.1 percent based on the current number of registered shares. Calculated on all issued and contracted shares prior to the acquisition (fully diluted basis), the dilution amounts to approximately 4.23 percent.

On 30 December 2025, Episurf’s board of directors announced that the company had decided to acquire property companies in order to broaden its operations and strengthen its financial position. Episurf has since entered into agreements to acquire, among others, Frusipe Intressenter Target 1 AB, KlaraBo Empire Holding AB, Mofast Invest II AB, a property portfolio from Botrygg AB, a property portfolio from Lilium, two smaller properties from HanssonGruppen and a property portfolio from Setune Assets AB in Uppsala.

With the acquisition of Kuststaden Invest, Episurf continues to build its Nordic property platform with a focus on cash flow and returns. Based on property acquisitions already signed, the annual rental income of Episurf’s property segment is, on a pro forma basis following the acquisition, expected to increase from approximately SEK 439 million to approximately SEK 496 million, and total property assets from approximately SEK 5,264 million to approximately SEK 5,911 million.

The property portfolio has an agreed property value of SEK 647 million, a lettable area of approximately 52,000 sqm, a rental income of approximately SEK 56.9 million and an occupancy rate of approximately 95 percent. The yield amounts to approximately 7.2 percent and the weighted average unexpired lease term (WAULT) to approximately 8.2 years.

CMS Wistrand is legal adviser to Episurf. Bergman & Eek Advokat AB is legal adviser to the Sellers and Bolton Advisors, through Michael Wilton, is financial adviser to the Sellers.