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Prisma Properties AB ( (SE:PRISMA) ) just unveiled an announcement.
Prisma Properties has divested its industrial property Kungsängen 34:3 in Uppsala to Revelop, as the potential development did not align with its strategic focus on discount retail. This transaction, completed at book value, allows the company to reallocate capital towards projects and acquisitions in the Nordic region, aligning with its strategic focus on discount retail, grocery, and quick-service restaurants.
The most recent analyst rating on (SE:PRISMA) stock is a Buy with a SEK32.00 price target. To see the full list of analyst forecasts on Prisma Properties AB stock, see the SE:PRISMA Stock Forecast page.
More about Prisma Properties AB
Prisma Properties is a leading developer and owner of modern properties in the discount retail, grocery retail, and quick-service restaurant sectors. The company owns nearly 140 properties, primarily in Sweden and Denmark, and plans to expand further in the Nordic countries. It focuses on sustainability and accessibility, investing in next-generation retail centers and electric vehicle charging stations. Prisma Properties is listed on Nasdaq Stockholm Mid Cap under the ticker code PRISMA, with its head office in Stockholm.
Average Trading Volume: 49,393
Current Market Cap: SEK4.13B
Find detailed analytics on PRISMA stock on TipRanks’ Stock Analysis page.