tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prisma Properties Expands Finnish Portfolio with Strategic Acquisitions

Story Highlights
  • Prisma Properties acquires three retail properties in Finland for EUR 15 million.
  • These acquisitions increase Prisma’s earnings capacity and strengthen its Nordic presence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prisma Properties Expands Finnish Portfolio with Strategic Acquisitions

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Prisma Properties AB ( (SE:PRISMA) ) is now available.

Prisma Properties has expanded its portfolio by acquiring three retail properties in Finland, including two standing assets and a future development, for a total value of approximately EUR 15 million. These acquisitions, which include properties in Jakobstad, Seinäjoki, and a forthcoming development in Iisalmi, enhance Prisma’s earnings capacity by 2.75% and align with its strategy to grow in the Nordic region, strengthening its presence in strong retail locations with long-term lease agreements.

The most recent analyst rating on (SE:PRISMA) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Prisma Properties AB stock, see the SE:PRISMA Stock Forecast page.

More about Prisma Properties AB

Prisma Properties is a leading developer and owner of modern properties in the discount retail, grocery retail, and quick-service restaurant sectors. The company owns nearly 140 properties, primarily in Sweden and Denmark, with a focus on sustainability and accessibility, investing in next-generation retail centers and electric vehicle stations. Prisma Properties is listed on Nasdaq Stockholm Mid Cap under the ticker code PRISMA, with its head office in Stockholm.

Average Trading Volume: 19,574

Technical Sentiment Signal: Strong Sell

Current Market Cap: SEK3.88B

For detailed information about PRISMA stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1