NASDAQ OMX (NASDAQ: NDAQ) announces that the trading in Oscar Properties AB preference shares (short name: OP PREF) will commence today on First North at NASDAQ OMX Stockholm. Oscar Properties belongs to the Financial sector and is the ninth new company to be admitted to trading on First North in 2013.
Founded in 2004, Oscar Properties is a Stockholm based real estate firm focused on the development of premiere residential properties.
Oscar Properties buys, develops and sells real estate in central Stockholm with the long-term strategy to be active in both conversions and the development of new properties.
From the start the vision has been to develop apartments so unique that people would specifically aim for an Oscar Properties building when searching for a new residence. Since then modern design and architecture has been an essential part of the company's identity.
“The listing of the company's preference share attracts interest for the company and our projects from new investors as well as customers and other stakeholders”, said Oscar Engelbert, CEO at Oscar Properties.
“We are pleased to welcome Oscar Properties to First North”, said Adam Kostyál, Senior Vice President of NASDAQ OMX Corporate Client Group. “Oscar Properties is yet another innovative and entrepreneurial company to join the NASDAQ OMX family of companies that can leverage the advantage of a unique investor exposure in a publicly traded environment.”
Oscar Properties has appointed Avanza Bank as Certified Adviser.