Diös Announces That the Company Is Acquiring A Property of 16,000 Meter Square in Central Östersund, Plus A Smaller Property of 5,500 Meter Square in the Centre of Sollefteå
December 09, 2021 at 12:00 am
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Diös announced that the company is acquiring a property of 16,000 meter square in central Östersund, plus a smaller property of 5,500 meter square in the centre of Sollefteå. The seller is Norells Fastighetsförvaltning. Transfer of ownership will take place during the first quarter of 2022. The property in Östersund is comprised of offices, residences and urban services. The property in Sollefteå is comprised of residences and urban services. Annual rental value amounts to SEK 19 million, the occupancy rate is at 90% and the average duration of contract is three years. The seller receives circa 6% of the payment by transfer of Diös's own repurchased shares. The transaction will be reported in the first quarter of 2022.
Dios Fastigheter AB is a Sweden-based company active within the real estate sector. It is engaged in the acquisition, development, management and sale of primarily commercial real estate property, such as offices, retail premises and industrial premises, among others. Its real estate portfolio is focused in the municipalities of Borlange, Falun, Gavle, Mora, Ostersund, Sundsvall, Skelleftea and Lulea. As of December 31, 2011, the Companyâs real estate portfolio comprised 93 properties with a total leasable area of 338,721 square meters. The Company has nine subsidiaries: Dios Fastigheter I AB, Dios Fastigheter II AB, Dios Fastigheter V AB, Fastighets AB Uprum, Dios Fastigheter X AB and Are Contrum AB, among others. In July 2014, it sold property Borgmastaren 4, Strandgatan 22 to a newly formed housing association Borgmastaren 4 in Ostersund. In September 2014, the Company sold a property at Solhojden 31 in Sundsvall to HSB Produktion.
Diös Announces That the Company Is Acquiring A Property of 16,000 Meter Square in Central Östersund, Plus A Smaller Property of 5,500 Meter Square in the Centre of Sollefteå