Svenska Handelsfastigheter has announced a cash tender offer of SEK 151 per share to Tre Kronor Property Investment’s shareholders. The total value of the offer amounts to approximately SEK 1,552 million. Wigge & Partners acts as legal advisor to Svenska Handelsfastigheter in the cash tender offer.
LSTH Svenska Handelsfastigheter AB is a real estate company focused on long-term management of commercial retail properties, especially within consumer goods and other retail branches.
Tre Kronor Property Investment AB is a real estate company that focuses on well-located properties in the Nordic region with a high proportion of grocery retailers and community services as tenants.
The offer values Tre Kronor at approximately SEK 1,552 million. The offer was announced on 13 April 2021 and the acceptance period for the offer is expected to be between 19 April and 10 May 2021.
The capital markets team consisted of Peter Bäärnhielm (Partner), Henrik Fritz (Partner), Emma Brolund (Senior Associate) and Tobias Ställborn (Associate).
