Genova Property Group AB (publ) has, in accordance with the press release published on 21 October 2025, completed the acquisition of a property portfolio in the Stockholm region comprising five properties at an underlying property value of SEK 634 million before deduction for deferred tax. In connection therewith, the board of directors, pursuant to the authorisation granted by the annual general meeting on 5 May 2025, has resolved on a set-off share issue of in total 1,362,300 ordinary shares to Landia AB as partial payment of the purchase price.
On 21 October 2025, Genova announced that it had entered into an agreement to acquire a property portfolio in the Stockholm region comprising five properties at an underlying property value of SEK 634 million before deduction for deferred tax from Landia. Genova has on 1 December 2025 completed the acquisition.
KANTER advised Genova on the transaction.