Prisma Properties has signed an agreement to sell the company’s two properties in Norway, located in Frøya and Hommelvik. The sale is conducted in line with book value and in accordance with the company’s strategic direction.
The divestment is part of Prisma’s strategic priority to focus resources and capital on Sweden, Denmark, and Finland, where the company considers the conditions to be most favorable for growth and long-term shareholder value creation. Vacant possession of both properties will be given on 7 April 2026.
"This is a strategic sale. With only a small number of properties in Norway, there are currently not sufficient conditions for building a portfolio of relevant scale there. The Norwegian market is also characterized by high financing costs and strong competition, which together means that we are choosing to prioritize our other markets, where the opportunities for continued growth are significantly greater. At the same time, we do not rule out that new investments in Norway may become relevant further ahead,” comments Tom Hagen, Head of Transactions at Prisma Properties.
The sale is not expected to have any material impact on earnings, as it is carried out in line with book value.