Fastator was founded in 2011 and listed on Nasdaq First North in 2015. Fastator’s business model is to start, develop and invest in real estate companies, often in niches or segments overlooked by competitors. For example, Fastator acquired 100% of Offentliga Hus in 2011 and divested the company at its IPO in 2020.
Fastator founded Offentliga Hus in 2011, expanded the company, and included an investment partner through a joint venture. Offentliga Hus now stands close to an expected IPO in 2020, and the IPO event could become a value trigger for its property portfolio. Moreover, Fastator assumed a dividend policy in 2018, which could become a trigger in 2021.
Real estate companies are subject to macro risk: GDP, population, interest rate and employment data are important demand factors. Moreover, the company is exposed to key-person dependency risk and ownership risk.