Stockholm, March 21 2014 — NASDAQ OMX (NASDAQ:NDAQ) announced that Hemfosa Fastigheter AB (short name: HEMF), a Mid Cap company within the Financials sector, today started trading of its shares on the main market of NASDAQ OMX Stockholm. Hemfosa is the fourth company to list at NASDAQ OMX’s Nordic main markets in 2014 (NASDAQ OMX Stockholm; Helsinki; Copenhagen and Iceland).
Hemfosa Fastigheter is a Swedish property company with two principal areas of operation: the long-term management and development of properties, and the acquisition and sale of properties. The property portfolio comprises four categories: community service properties, office properties in growth municipalities, logistics properties and transaction properties. Hemfosa owns commercial properties in Sweden with a total property value of approximately SEK 18.5 billion including the company’s share of the property value in joint ventures.
“I feel a strong commitment to Hemfosa and am proud that we are now taking the next step in the company's development,” says Jens Engwall, CEO at Hemfosa Fastigheter. “Interest in Hemfosa's share has been strong among Swedish and international institutions as well as private Swedish investors, and we are delighted to welcome so many new shareholders. The listing will increase our opportunities to capture attractive business opportunities and conduct complex transactions. Our goal is to generate the industry's highest total return and continue to increase the company's equity to ten billion kronor within five years.”
”We are pleased to welcome Hemfosa to NASDAQ OMX Stockholm, where they will join many of their peers in the strongest real estate sector in the Nordic region,” says Adam Kostyal, Senior Vice President at NASDAQ OMX. “We’re currently seeing a lot of listing interest and activity within the real estate market and Hemfosa’s successful IPO today is a proof point of this positive market sentiment.”
To view a CEO interview from the Hemfosa listing ceremony click here.
About NASDAQ OMX Group
NASDAQ OMX (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,200 listed companies with a market value of over $8 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about futures products to be traded on NFX and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
Media Relations Contact: