Balder subsidiary forms joint venture for Link53
Joint venture invests 2 billion in 210,000 sqm logistics properties near Nyköping.
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Swedish real estate company
balder.seLast updated
In short: Balder appointed Sharam Rahi as CEO to succeed founder Erik Selin and approved the distribution of its Norion Bank stake at the annual meeting.
Joint venture invests 2 billion in 210,000 sqm logistics properties near Nyköping.
The project includes 54 apartments and a glazed winter garden with move-in at the turn of the year 2027/2028.
The final agreement was signed today and the sale concerns all shares, with access on July 1 after regulatory approval.
The dividend covers 90.5 million shares, corresponding to 47.7 percent of Norion Bank.
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Sharam Rahi has taken the position as CEO of Balder. At the same time, his management team has been presented.
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