PPI Public Property Invest to Launch Origa Care Purchase Offer

03:34 AM EDT, 09/29/2026 (MT Newswires) -- PPI Public Property Invest (PUBLI.OL) is poised to launch an offer of 9 euros per share for Origa Care, which owns 13 fully let care properties in Finland. The Nordic real estate company will fulfill 70% of the consideration through the issuance of new PPI shares at a subscription price of 25.67 kronor apiece, according to a Tuesday release. The remaining 30% consideration will be paid in cash. Spanning a lettable area of 14,345 square meters, Origa Care's properties are valued at 50.2 million euros as of the second quarter. PPI already holds a 1% interest in the target company. The acquisition offer is subject to regulatory approvals, among other customary conditions.