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Public Property Invest AS

Public Property Invest AS (Ticker: PUBLI NO) is a Real Estate Operating/Development company based in Norway. The company specializes in managing state or municipal building properties with a portfolio that is worth about 9 billion kroner ($860 million). In preparation for the IPO, Swedish property group SBB, which holds a 45% stake in Public Property Invest, was said to transfer part of its Norwegian portfolio to the company.

Public Property Invest AS is planning to list on the Oslo Stock Exchange on April 29, 2024. The firm is offering 122.50 million shares with an expected price range of NOK 14.50 to NOK 21.00. The total offer size is anticipated to be NOK 2.5725 billion (approximately USD 240.01 million). The IPO is managed by Arctic Securities, DNB Markets, Danske Bank, and Nordea.

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