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Press release

Prisma Properties comments on the reconstruction of Pizza Hut

Prisma Properties

One of Prisma Properties’ tenants, NRG Pizza AB, which operates Pizza Hut in Sweden, has been under company reconstruction since November 10. Therefore, Prisma Properties would like to clarify the following:

NRG Pizza AB has informed Prisma Properties that the company intends to fulfill all lease agreements currently in effect between the company and Prisma Properties, and that the leases will be honored in accordance with their existing terms and conditions.

Prisma Properties has a total of eight lease agreements with NRG Pizza AB concerning restaurant premises located in Örebro, Västerås, Sundsvall, Norrköping, Karlstad, Handen, Norsborg, and Växjö. The agreements have an average remaining lease term of 5.5 years and represent approximately two percent of Prisma Properties’ total rental value.

For more information, please contact:
Fredrik Mässing, CEO
fredrik.massing@prismaproperties.se
+46 (0) 70-277 01 48

About Prisma Properties
Prisma Properties is a leading owner and developer of modern retail properties in the Nordics. The company focuses on properties for groceries, discount stores, and the QSR sectors (quick service restaurants). Prisma Properties currently owns approximately 140 properties, primarily in Sweden, Denmark, and Finland, with the goal of growing further throughout the Nordic region. Focusing on long-term thinking, sustainability and accessibility, Prisma Properties invests in next generation retail centers and fast-charging stations for electric vehicles near highways and other high-traffic locations. Prisma Properties' shares are listed on Nasdaq Stockholm Mid Cap under the ticker code PRISMA, and its head office is located in Stockholm. Read more at: prismaproperties.se/en/.

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Prisma Properties comments on the reconstruction of Pizza Hut

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