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ARTICLES TAGGED WITH "Järngrinden"

Genova to acquire all outstanding shares in subsidiary Järngrinden

Sweden 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.

Corem divests in Borås

Sweden Sweden — Corem sells property in Borås to Järngrinden for SEK 320 million (EUR 27 million).

Swiss Life AM buys logistics property in Varberg

Sweden Sweden — Järngrinden AB and Ekebeck AB sell the property Ärilen 1 on Holmagärde in Varberg, to a fund managed by Swiss Life Asset Managers Nordic. The property includes a 30,265 square meter logistics building that is currently under construction and will house Apotea's new logistics center.

Järngrinden names new Head of Finance

Sweden Sweden — On September 23, Johan Söderqvist takes up the role of new Head of Finance at Järngrinden. He succeeds Pär Thureson, who will retire in 2025.

Järngrinden Acquires in Mölnlycke

Sweden Sweden — Järngrinden expands its property portfolio through the acquisition of eight properties in Mölnlycke from Mölnlycke Fastighets AB for MSEK 260.

SBB Sells a Development Property

Sweden Sweden — SBB sells a development property for approximately SEK 55 million to Järngrinden.

Reasons Behind the Western Sweden Entry for Genova

Sweden Sweden — CEO Michael Moschewitz: “We have been looking towards Western Sweden for some time.”

Gekås Makes Large Acquisition in Halmstad

Sweden Sweden — Järngrinden sells the three residential buildings in Halmstad to Gekås.