Nyfosa acquires in Norway, divests in Sweden

During the first quarter, Swedish property company Nyfosa strategically adjusted its portfolio through both acquisitions and divestments.

Carl-Johan Hugner

Nyfosa will acquire an office property in Porsgrunn, Norway, for SEK 387 mln (€33.4 mln), which boasts 14,000 m2 fully leased on a long-term basis to Skagerak Energi. This acquisition, expected to close in April 2026, will add SEK 32 mln (€2.8 mln) in annual rental income.

Concurrently, Nyfosa divested three properties in Örebro and Malmö for a total of SEK 90 mln (€7.8 mln). These properties, encompassing 14,589 m2 of retail, office, and industrial space, had an average remaining lease term of 1.5 years and a 92% occupancy rate. The divestments generated a positive earnings effect of SEK 2.6 mln (€0.2 mln), exceeding their book value by SEK 2.8 mln (€0.2 mln), and were completed without deferred tax implications.

The Malmö property sale was finalised in February, and the Örebro properties in March 2026.

Carl-Johan Hugner, CEO of Nyfosa, commented: “These transactions are fully in line with our strategy to optimise the property portfolio with a focus on increased efficiency and reduced complexity. Through the acquisition of a high-quality property in a prime location in Porsgrunn, we strengthen our presence in Norway and create economies of scale within the organisation. Together with a strong cash flow from a solid tenant, this contributes to increased earnings. At the same time, the divestments free up capital for new investments, reduce future investment needs, and improve the portfolio’s return profile.”