Nivika Fastigheter AB has carried out a directed primary issuance of B shares of approximately SEK 750 million where the subscription price was set through an accelerated bookbuilding procedure.
Nivika is a property company based in Småland, Sweden, with focus on long-term ownership, efficient new development and an investment strategy that aims to be flexible and adaptable towards the property market. The company's main operations consist of owning, managing and developing properties. As of 30 November 2022, Nivika owned properties valued at SEK 10,810 million, of which 90% are investment properties. The property portfolio consists of approximately two-thirds commercial properties focused on industry, warehouses, offices and community service properties and approximately one-third of residential properties.
ABG Sundal Collier, Arctic Securities, Danske Bank and SEB acted as Joint Bookrunners. Baker McKenzie acted as legal advisor to the Joint Bookrunners with a capital markets team consisting of Henric Roth, Joakim Falkner, Johanna Flink, Elsa Antonsson and Carl Isaksson.