ARTICLES TAGGED WITH "Prisma Properties"

"We aim to establish a portfolio of at least EUR 100 million within one year from now"

Finland Finland — Prisma Properties is entering a new market through an acquisition in Ylivieska in Finland. The company’s Head of Transactions, Tom Hagen, tells Nordic Property News about the establishment in Finland, growth targets, where new business opportunities are being sought, and how the Finnish market is expected to develop going forward.

Prisma makes its first acquisition in Finland

Finland Finland — Prisma Properties has signed an agreement to acquire a new retail property in Ylivieska, Finland. The acquisition is being made through a forward funding structure together with Finnish project developer Wasagroup, at an underlying project value of EUR 20.5 million. The property comprises approximately 11,000 square metres of leasable space with an annual rental value of approximately EUR 1.5 million.

Revelop acquires industrial asset in fast growing submarket

Sweden Sweden — Revelop has closed a EUR 14,7 million acquisition of a 12,000 square meter industrial asset located in Kungsängen, a dynamic Uppsala submarket next to the city centre. Redevelopment has high conviction in Uppsala, one of Sweden's fastest-growing municipalities. The asset was acquired from Prisma Properties.

Prisma starts new retail area project in Holstebro

Denmark Denmark — During the third quarter of 2025, Prisma Properties will start the development of its new retail area in Holstebro in western Denmark. Prisma has signed 11-year leases with discount retailers Lager 157, Hi five and Big Dollar. Thansen and a national restaurant chain will also be established at the site. The estimated annual rental value of Prisma's project is approximately DKK 6.9 million upon completion.

Prisma acquires property from Corem – strengthens presence in Norrköping

Sweden Sweden — Prisma Properties has signed an agreement to acquire the property Malmen 8 in Norrköping from Corem Property Group, at an underlying property value of approximately SEK 20 million (excluding deductions for deferred tax). The property is leased to MAX, Pizza Hut, and Preem, generating a total annual rental income of approximately SEK 1.2 million and a WAULT of 5.5 years.

Prisma continues to grow in Denmark – signs long lease agreement

Denmark Denmark — Prisma Properties has signed a 15-year lease agreement with one of Denmark’s largest burger chains for a new location in Hammelev, in the municipality of Haderslev, southern Denmark. As previously announced, the grocery chain Netto will also open at the site. The estimated total annual rental value for the entire project upon completion amounts to approximately SEK 4.9 million.

Prisma CEO: "Buyers and sellers have difficulty agreeing on the price"

Nordic — Prisma Properties continues to stick to its strategy and continues to see great opportunities to acquire and launch more projects in 2025, says CEO Fredrik Mässing when commenting on the first quarter. But there is some friction in the machinery for those plans.

Prisma acquires three properties

Sweden Sweden — Prisma Properties acquires three properties for SEK 463 million – strengthens its position in northern and central Sweden.

Prisma wants to continue acquiring

Sweden Sweden — 2024 has been a year of strong growth for Prisma, as the company made a number of strategic acquisitions and started development projects. The listing on Nasdaq Stockholm in June can also be said to be a major milestone, at least if you ask CEO Fredrik Mässing: “The listing gave us the financial muscle needed to continue growing at an even higher rate.

Prisma acquires property in Lycksele

Sweden Sweden — Prisma Properties has acquired the property Fröklängen 1 in Lycksele to develop a new store with the grocery chain Willys as its tenant. The underlying property value amounts to SEK 19 million and closing is set for January. The lease agreement with Willys has a term of 12 years, and the annual rental value for the property amounts to approximately SEK 4.4 million.

Prisma strengthens its management team

Sweden Sweden — On January 1, 2025, Prisma Properties' in-house property management team will take over responsibility for the company’s Swedish property portfolio. In connection with this, Per Nilsson, Prisma's Head of Property Management, will join the management team.

Prisma Properties signs long lease agreement with Lidl for new store development in Uppsala

Sweden Sweden — Prisma Properties has signed a 10-year lease agreement with Lidl for the development of a new 2,200 square meter store on Kungsgatan in central Uppsala. This will be Lidl’s fourth store in the city, with plans to open in 2025.

Prisma Properties acquires in Östhammar

Sweden Sweden — Prisma Properties acquires property in Östhammar – signs long lease agreement with Dollarstore.

Prisma Properties makes Gothenburg acquisition

Sweden Sweden — Prisma Properties has signed an agreement to acquire the properties Gamlestaden 61:12 and 61:13 in Gothenburg at an underlying property value of SEK 365 million (EUR 31 million), after deductions for latent taxes.

Prisma Properties adds key-player

Nordic — Expansive Prisma Properties brings in new key-player to a top position.

Prisma Properties' Nordic targets after the IPO

Nordic — Fredrik Mässing, CEO of Prisma Properties, on the first report as a stock market company and what the future might hold.

Biggest lease to date – Prisma's expansion takes new leap

Denmark Denmark — Prisma Properties has signed long lease agreements with the low-price player Big Dollar, which thereby continues its extensive expansion in the Danish market. The lease applies to a total of four new stores totaling approximately 13,000 square meters with an annual rental value of DKK 13.1 million, approximately EUR 1.75 million.

Prisma Properties builds Swedish fashion store in Denmark

Denmark Denmark — Prisma Properties has signed a 10-year lease with Lager 157 for a new store in Hjörring, Denmark.

Prisma Properties aiming for IPO

Nordic — Prisma Properties intends to list its shares on Nasdaq Stockholm.

"A segment which has taken market shares for several years"

Nordic — Bonnier Fastigheter broadens its operations towards the low-price retail segment when, via a deal in Kungens kurva in Stockholm, it becomes the owner of Prisma Properties. Bonnier Fastigheter's CEO Tomas Hermansson shares his view on the segment's potential, the investment in Prisma Properties and the possibility for Bonnier Fastigheter to enter other segments via indirect investments.

Prisma aims toward IPO

Nordic — It has been almost two years since Alma Property Partners, Mässing Properties, CT Development and P&E Fastighetspartner joined forces to create Prisma. Even then, there were high ambitions to grow into the largest player in the low-price retail, grocery retail and fast food hubs segment. CEO Fredrik Mässing talks about the past year and how they will continue the growth.

Prisma Takes on the Nordic Low-price Segment

Nordic — In Sweden the only type of store segment that has increased in recent years is discount stores. Despite that, until now there has not been a company that has focused solely on that segment. This is what Fredrik Mässing, new CEO of the newly formed company Prisma see as an advantage. "We have large growth plans in the coming years, both in existing acquisitions and through the development of new locations".

New Company Launched to Focused on Nordic Discount Retail

Nordic — Alma Property Partners has, together with the cooperation partners Mässing Properties, CT Development and P&E Fastighetspartner, formed a new property company focused on discount retail. Prisma Properties, launched with a property portfolio valued at approximately SEK 5.6 billion, has the ambition to become the leading property developer in the Nordic region and a long-term owner in segments such as discount and grocery stores and fast food restaurants. Prisma Properties has 15 ongoing projects and the company has ambitious growth plans for the coming years throughout the Nordics.