Prisma Properties Expands Finnish Portfolio with Kesko Acquisition

Prisma Properties AB ( (SE:PRISMA) ) just unveiled an announcement.

Prisma Properties has announced the acquisition of ten grocery retail properties in Finland through a sale and leaseback transaction with Kesko Oyj, valued at approximately EUR 59 million. This strategic acquisition enhances Prisma’s collaboration with Kesko, strengthens its grocery portfolio, and is expected to increase earnings per share by 5%. The properties, fully leased to Kesko, are located in key growth centers in southern and southwestern Finland, and the acquisition is financed through loans and equity.

The most recent analyst rating on (SE:PRISMA) stock is a Buy with a SEK28.00 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 owner and developer of modern retail properties in the Nordics, focusing on grocery, discount stores, and quick service restaurant sectors. The company owns approximately 140 properties in Sweden, Denmark, and Finland, and aims to expand further in the Nordic region. Prisma Properties emphasizes sustainability and accessibility, investing in next-generation retail centers and fast-charging stations for electric vehicles. The company is listed on Nasdaq Stockholm Mid Cap under the ticker code PRISMA.

Average Trading Volume: 49,335

Technical Sentiment Signal: Sell

Current Market Cap: SEK4.1B

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