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Prisma Properties AB ( (SE:PRISMA) ) has shared an announcement.
Prisma Properties plans to develop a new 4,000-square-meter retail destination in Ronneby, featuring grocery and daily goods stores and fast chargers for electric vehicles. The project, which is expected to be completed in the fall of 2028, will enhance the company’s portfolio and strengthen its market position in the Nordic region. The development is contingent upon an approved detailed development plan and building permit, which are anticipated to be finalized in the first half of 2027.
The most recent analyst rating on (SE:PRISMA) stock is a Buy with a SEK28.00 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 long-term discount retail, grocery retail, and quick-service restaurant sectors. The company owns nearly 140 properties in Sweden and Denmark and aims to expand further in the Nordic region. With a focus on sustainability and accessibility, Prisma Properties invests in next-generation retail centers and fast-charging stations for electric vehicles. Its shares are listed on Nasdaq Stockholm Mid Cap under the ticker code PRISMA.
Average Trading Volume: 49,119
Technical Sentiment Signal: Buy
Current Market Cap: SEK4.1B
For detailed information about PRISMA stock, go to TipRanks’ Stock Analysis page.