Nordisk Renting strengthens their existing relationship with Din Bil

Acquires a strategically important car dealership asset in Smista, Stockholm

“We continue to develop and grow in our core markets Sweden, Finland, and Norway. This acquisition is in line with our focus on supporting our long-term partnerships through our financing and leasing solution which adds strategic value to our clients. We are pleased to have the opportunity to continue to strengthen our relationship with Din Bil by assisting them with this strategic asset”, says Ida Nilsson, Relationship Manager at Nordisk Renting.

“The asset in Smista with our Porsche and Audi facilities is a very important part of our business in which we want to keep growing. We look forward to continue developing the asset with Nordisk Renting. We also want to thank Castellum for the good cooperation throughout the many years in the asset”, says Stefan Johansson, CFO at Din Bil.

The asset is located in Smista, Stockholm. It has a lettable area of ca 20,000 square meters in total, and it consists of business premises for both Porsche and Audi, and a large parking facility. The underlying property value amounts to approximately SEK 350m, and in connection with the acquisition, new lease agreements are signed with Din Bil. Nordisk Renting are looking forward to supporting the future development of the business and the asset together with Din Bil.

Long-term partnerships
Nordisk Renting creates tailored customer solutions which enable long-term and strategic business relationships spanning over economic cycles and decades. The customers can optimise capital and costs over time, and at the same time retain operational and ownership control of their strategic assets.

Additional Information and Contact

Ida Nilsson, Nordisk Renting, +46 70 898 34 11,
Jonathan Fattal, Nordisk Renting, +46 70 612 21 74,