Fidelio to acquire a 30% stake in Newsec from Stronghold Invest for €106m.

Fidelio, a Swedish investment firm, agreed to acquire a 30% stake in Newsec, a company within property asset management and advisory, from Stronghold Invest, an investment company, for €106m. “Since its founding over 30 years ago, Newsec has held a leading position in real estate advisory and property management— a position we intend to maintain and strengthen. Fidelio Capital shares our view on entrepreneurship and active ownership and has a strong track record of developing both emerging and mature businesses and industries. Together, we will take the next step in Newsecs development and value creation for our employees, clients, and owners,” Urban Edenström, Newsec Founder and Chairman of the Board.