Logistea AB (publ) ("Logistea") (under name change from Odd Molly International AB (publ)) continues to grow rapidly with a focus on warehousing and logistics properties. The company has signed an agreement...
Odd Molly International AB (publ) has decided at an Extraordinary General Meeting today, October 22, 2021, to change the company name to Logistea AB (publ). At the Extraordinary General Meeting, it was...
Odd Molly International AB (publ) ("Odd Molly") has today, October 22, 2021, held an Extraordinary General Meeting on which it was decided, among other things, to distribute all of Odd Molly's shares...
Odd Molly International AB (publ) (“Odd Molly”) has today successfully issued senior unsecured green bonds of 500 MSEK under a framework of 1,000 MSEK with maturity in October 2024 (the “Bonds”). The Bonds have a floating interest rate of 3 months STIBOR plus 515 basis points. An amount equivalent to the proceeds will be used in accordance with Odd Molly's newly established Green Finance Framework.
Odd Molly International AB (publ) (“Odd Molly”) has mandated Nordea Bank AB and Swedbank AB (publ) as joint bookrunners to investigate the possibility to issue a senior unsecured green bond of up to 500...
Odd Molly International AB (publ) ("Odd Molly") establishes a Green Finance Framework (the "Framework") that enables the company to issue, among other things, green bonds. The purpose is to be able to finance and refinance green and energy efficient buildings and energy efficiency through e.g. solar panels. The Framework is established in accordance with the Green Bond Principles and Green Loan Principles. ISS ESG has conducted an independent review of the Framework.
Odd Molly International AB (publ) has great ambitions and high goals for the company's continued growth in warehousing and logistics properties. As part of the continued expansion, Niklas Zuckerman has been recruited as the new CEO and Anders Nordvall as Deputy CEO and Head of Transactions. Niklas and Anders have both extensive experience and expertise in the Swedish real estate market and real estate transactions from various leading roles over the past 20 years. The duo will take on their new roles no later than December 2021.
Odd Molly International AB (publ) ("Odd Molly") today received Nasdaq Stockholm's ("Nasdaq") approval after a renewed listing review. The review has been carried out in light of Nasdaq's assessment that Odd Molly, by streamlining its business to become a real estate company focused on warehousing and logistics properties and divesting the fashion business, has undergone a "substantial change of operations" according to Nasdaq's regulations. In light of Nasdaq's approval, Odd Molly intends to convene an extraordinary general meeting with the aim of distributing the shares in We aRe SpinDye (“WRSD”) during the autumn of 2021.
Odd Molly International AB's (publ) real estate business continues to grow rapidly with a focus on warehousing and logistics properties. In order to further strengthen the organization for the company's continued development, five more new employees have been recruited to the company's finance function, all with solid experience from the real estate industry.
Odd Molly International AB (publ) (Odd Molly) continues to grow in real estate for warehousing and logistics. The company has today closed the transaction with the e-commerce company Cellbes existing logistics property of 12,700 square meters of lettable area in Viared Borås, Sweden, with an underlying agreed property value of 63.0 MSEK. After further extension, the property is expected to have a lettable area of approximately 21,400 square meters and include a new modern logistics facility with a fully automated warehouse to Cellbes. Estimated annual rent after extension amounts to 12.5 MSEK.
Summary 1 April - 30 June 2021 Total revenues increased by 110 percent to MSEK 79.1 (37.7), of which the fashion business accounted for MSEK 60.2 (35.0) and the real estate business for MSEK 18.9 (2.6)....
Odd Molly International AB (publ) (“Odd Molly” or “the Company”) has entered into an agreement with HanssonGruppen EBJ AB regarding the acquisition of in total three properties in the Gothenburg area with an underlying property value of approximately SEK 167 million (“The Acquisition”). Two of the properties will be acquired through so-called forward funding and are planned to be completed during the second half of 2022. After completion, the properties comprise a lettable area of ??a total of 11,400 square meters and are estimated to generate annual rental income of approximately SEK 10.4 million with an operating net of approximately SEK 9.9 million. All leases run with a lease period of 10–15 years.
Odd Molly International AB (publ)
Stockholm 31 May, 2021
Odd Molly International AB (publ) (“Odd Molly” or “the Company”) today announces that the number of shares and votes has increased by 926,735.
Odd Molly International AB (publ)
Stockholm 30 April, 2021
Odd Molly International AB (publ) (“Odd Molly” or “the Company”) today announces that the number of shares and votes has increased by 3,837,500.
Odd Molly International AB (publ) Stockholm the 26 March 2021 Odd Molly International AB (publ) (”Odd Molly” or ”the group”) streamlines its operations to fully focus on warehouse and logistics real es...
