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Aurora Eiendom lists on Euronext Growth Oslo

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  • Market capitalisation of approximately NOK 2 billion
  • 199th listing on Euronext markets and 66th on Oslo Børs markets in 2021

 

Oslo – 15 December 2021 – Oslo Børs, part of the Euronext Group, today congratulates the Norwegian real estate company Aurora Eiendom on its listing on Euronext Growth Oslo (ticker: AURA). It is the 66th listing on Oslo Børs markets so far this year.

The company owns five shopping centres in Norway, and its vision is to build the future of retail by converging digital and physical retail. The goal is to create an ideal environment for the company’s tenants and their customers

At opening, the share price of Aurora Eiendom was set at NOK 102 per share, based on the latest OTC trading in the company’s shares. This corresponds to a total estimated value of the company of approximately NOK 2 billion.

Petter A. Stordalen, Chairman of the Board of Aurora Eiendom said: “Shopping centers are and will remain an important part of people's lives. We knew this when we established Aurora Eiendom in June. Since then, we have worked hard on the growth strategy. The listing on Euronext Growth marks another important milestone in an eventful first year for Aurora Eiendom. It also marks the start of further growth and value creation for our shareholders.”

Lars Ove Løseth, CEO in Aurora Eiendom said: “Aurora Eiendom will continue to invest in centers that are leading in their local areas, have a good location and an attractive mix of shops and services. We identified a market opportunity and invested in these social gathering places earlier this year. We now have big ambitions for further growth in 2022. Aurora Eiendom already has a fantastic shareholder group behind it. With the listing, we look forward to getting even more shareholders on the team.”

 

About Aurora Eiendom

Aurora is a real estate company specialising in shopping centres. Incorporated in 2021, the company owns five shopping centres in popular areas in Norway. The shopping centres are among the leading centres in their local markets. In addition to owning, operating, and developing leading shopping destinations, Aurora’s vision is to build a future of retail by converging both digital and physical retail. The goal is to create an ideal and leading environment for the tenants and their customers

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About Euronext 
Euronext is the leading pan-European market infrastructure, connecting European economies to global capital markets, to accelerate innovation and sustainable growth. It operates regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal. With close to 2,000 listed issuers and around €5.8 trillion in market capitalisation as of end June 2022, it has an unmatched blue-chip franchise and a strong diverse domestic and international client base. Euronext operates regulated and transparent equity and derivatives markets, one of Europe’s leading electronic fixed income trading markets and is the largest centre for debt and funds listings in the world. Its total product offering includes Equities, FX, Exchange Traded Funds, Warrants & Certificates, Bonds, Derivatives, Commodities and Indices. The Group provides a multi-asset clearing house through Euronext Clearing, and custody and settlement services through Euronext Securities central securities depositories in Denmark, Italy, Norway and Portugal. Euronext also leverages its expertise in running markets by providing technology and managed services to third parties. In addition to its main regulated market, it also operates a number of junior markets, simplifying access to listing for SMEs.  
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