Episurf enters letter of intent to divest medical tech business
The company plans to refocus on property operations after a strategic review announced in October.
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Medical technology company refocusing on property operations
episurf.comLast updated
In short: Episurf moved to divest its medtech business and refocused on a fast-growing Nordic property portfolio.
The company plans to refocus on property operations after a strategic review announced in October.
The deal includes eight fully let properties with an annual net operating income of approximately SEK 22.4 million and a yield of 7.5 percent.
The acquisition adds 27,000 sqm to its Nordic portfolio, leased to established tenants and delivering an annual net operating income of roughly EUR 2.5 million.
Rental income surged 257 percent while the company expanded its Nordic property portfolio to 39 assets valued at SEK 946 million amid strategic transformation plans.
The real estate company Episurf has entered into a letter of intent with Oligo Medic to divest its medical technology business.
The board of Episurf Medical proposes that an extraordinary general meeting approve the transaction with Ilija Batljan Invest, IBI. This is stated in a press release.
The medical technology company Episurf, where Ilija Batljan is a major shareholder, has signed an agreement to acquire a mixed portfolio of 30 properties for 920 million kronor. The seller is...
Property company Episurf Medical is issuing about 4.3 billion class B shares and convertibles of around SEK 228m as part of the consideration for the...
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