Northern Logistic Property has become the first logistics real estate company in Norway to list on Oslo Stock Exchange. The listing follows the finalisation on 15 June of a private placement of 7 million shares at NOK 56.50 (EUR 7.07) per share.
Northern Logistic Property has become the first logistics real estate company in Norway to list on Oslo Stock Exchange. The listing follows the finalisation on 15 June of a private placement of 7 million shares at NOK 56.50 (EUR 7.07) per share.
NLP was established in March 2006. In a statement, the company said the funds raised will be used for further property acquisitions. The fair value of NLP's property portfolio stood at EUR 600 mln at the end of the first quarter of this year.
