Sweden —
Genova has today exercised call options for the remaining 49 percent of the shares in Järngrinden, a well-established and profitable real estate company with a strong local presence in Western Sweden, focusing on property management and project development primarily within logistics, light industrial and residential properties. The preliminary purchase price amounts to approximately SEK 800 million in total and will be paid during the period 2027-2030. The acquisition is expected to strengthen Genova’s long-term earnings per share and contributes to increased transparency in the property portfolio.