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Prisma Properties Expands into Finland with New Retail Acquisition

Story Highlights
  • Prisma Properties acquires its first retail property in Finland as part of its Nordic expansion.
  • The acquisition strengthens Prisma’s portfolio, focusing on groceries and low-price retail with long leases.
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Prisma Properties Expands into Finland with New Retail Acquisition

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Prisma Properties AB ( (SE:PRISMA) ) has shared an announcement.

Prisma Properties has made its first acquisition in Finland by signing an agreement to acquire a new retail property in Ylivieska, as part of its Nordic expansion strategy. The property will host a modern retail center focusing on groceries and low-price retail, with long-term leases signed with Finnish grocery chain Kesko and retail chain Rusta. This acquisition strengthens Prisma’s food share in its property portfolio and aims to increase profitability and diversify its geographical spread and tenant portfolio. The project is financed through a combination of equity and external financing, with openings scheduled for October 2026.

The most recent analyst rating on (SE:PRISMA) stock is a Buy with a SEK33.00 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 Sweden and the other Nordic countries. It focuses on long-term sustainability and accessibility, investing in next-generation retail centers and fast-charging stations for electric vehicles near high-traffic locations. Prisma Properties is listed on Nasdaq Stockholm Mid Cap under the ticker code PRISMA, with its head office located in Stockholm.

Average Trading Volume: 52,325

Current Market Cap: SEK4.16B

Find detailed analytics on PRISMA stock on TipRanks’ Stock Analysis page.

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