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Announced

Completed

Eastnine completed the acquisition of Nowy Rynek D in Poznan from Skanska for $126m.

Financials

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Transaction Value£104m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Majority

Acquisition

Friendly

Single Bidder

Poland

Real Estate Holding and Development

Private

real estate

Completed

Real Estate

Synopsis

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Eastnine, a Swedish real estate company, completed the acquisition of Nowy Rynek D in Poznan from Skanska, a provider of construction related and project development services, for $126m. "It feels very exciting to be able to acquire such a prestigious property located in one of Poland's larger regional cities. We are entering a new market with great opportunities," Kestutis Sasnauskas, Eastnine CEO.

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