ARTICLES TAGGED WITH "Vendus"

ICA Fastigheter’s growth plans after the new large JV-transcation

Sweden Sweden — Following the divestment of Trecore, ICA Fastigheter has announced another major joint venture transaction, selling eight retail properties worth over SEK 1 billion to Delcore, a company jointly owned with AMF. Jan-Erik Hellman, CEO of ICA Fastigheter, tells Nordic Property News about the new transaction, the ongoing streamlining of the property portfolio, and the company's new position as a shareholder in Vendus.

Vendus’ growth plans following the major acquisition of Trecore

Sweden Sweden — Vendus, whose principal owners are Nordika and MEL & ME, has significantly strengthened its market position through the acquisition of Trecore from ICA Fastigheter and Bonnier Fastigheter. Following the transaction, which values the underlying assets at SEK 2.7 billion, Vendus CEO Mattias Bülow tells Nordic Property News about the milestone achievement, the new shareholders, the company's growth plans, and its outlook on the grocery-anchored real estate market.

Nordika’s grocery backed platform Vendus acquires 51 retail properties for a total of SEK 2.7 billion

Sweden Sweden — Vendus has agreed to acquire a total of 51 retail properties at an underlying property value of approximately SEK 2.7 billion. As part of the transaction, ICA Fastigheter and Bonnier Fastigheter will become new shareholders in Vendus alongside existing majority shareholder Nordika.