After Norway exit – ICA to merge real estate companies

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ICA Fastigheter and ICA Fastigheter Sverige will be merged. The merger of the Swedish operations is a natural step for the real estate on the grounds that the entire Norwegian property portfolio will be sold.

In connection with the merger, Michael Johansson leaves role as CEO of ICA Fastigheter Sverige AB. Lena Boberg continues as CEO of ICA Fastigheter AB with increased operational responsibility for the Swedish property operations.

”Since 2009, Michael Johansson was CEO of ICA Real Estate Sweden, and led the company’s development journey and delivered good results. I want to say a big thank you to Michael Johansson and wish him luck in the future,” says Lena Boberg, CEO of ICA Real Estate.