Gernandt & Danielsson has advised NP3 Fastigheter AB (publ) (“NP3”) in an approximately SEK 67.6 million private placement of shares in NP3.

The share issue is directed to the Fourth Swedish National Pension Fund and comprises 1.9 million shares offered to at SEK 35.60 per share. NP3 is a real estate company focusing on commercial investment properties with high yield in the northern parts of Sweden. The aggregate property value amounts to approximately SEK 4 billion. NP3’s shares are traded on Nasdaq Stockholm.

Gernandt & Danielsson’s team consisted of Partner Fredrik Palm and Associates Gabriel Zsiga and Aleksander Källkvist.