Sveafastigher, a leading Swedish residential owner, placed its IPO with Friday as the first day of trading. The book was multiple times oversubscribed, but the stock is still trading around the IPO price. We bought in the IPO and bought more in the open market. We like the story. Link to latest investor presentation: 1 … Continue reading Sveafastigher IPO in Sweden launched at 50% discount to peer average multiples