Roschier advises ABG Sundal Collier, Nordea and SEB in Stendörren’s SEK 505 million directed share issue

Recent work|October 24, 2024

Swedish real estate company Stendörren Fastigheter AB (publ) has successfully completed a directed share issue of 2,630,208 B shares, raising proceeds of approximately SEK 505 million. Roschier acted as legal advisor to the Joint Global Coordinators and Joint Bookrunners ABG Sundal Collier AB, Nordea Bank Abp, filial i Sverige and Skandinaviska Enskilda Banken AB in connection with the transaction.

The subscription price in the directed share issue was determined through an accelerated bookbuilding procedure, carried out by ABG Sundal Collier, Nordea and SEB.

Stendörren, listed on Nasdaq Stockholm Mid Cap, is an expansive property company in logistics, warehouse and light industrial in Nordic growth regions. Stendörren’s business concept is to create profitable growth in net asset value. This is achieved through value-creating acquisitions, capitalising on the positive rental growth that follows the urbanisation of metropolitan regions and by developing existing assets, including the company’s extensive and unique building rights portfolio.

Roschier’s advisory team comprised Pontus Enquist, Erik Ellenius, and Louise Björnsson.