Born Advokater has assisted Nivika Fastigheter AB, listed on Nasdaq Stockholm, in connection with a directed primary issuance of B shares of approximately SEK 750 million where the subscription price was set through an accelerated bookbuilding procedure. In connection with the directed primary issue, a prospectus has been published and approved by the Swedish Financial Supervisory Authority.
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.