Fabege has disposed of the properties Gräddö 2&4 in Farsta, Ånsta 20:17 in Örebro and Kurland 17 at Norrmalm in Stockholm for SEK 116 million. The properties comprise a total lettable area of approximately 19,000 m2. The purchaser, Ivarsson & Ullberg Förvaltning AB, will take possession of the properties on 1 September 2008. The sale will result in a profit after tax of SEK 12 million, which will be recognised in the second quarter of 2008.
“The sale is in line with our strategy of disposing of properties that lie outside our priority markets and concentrated property management units,” comments Christian Hermelin, CEO at Fabege.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström, CFO, phone +46 (0)8-555 148 29, +46 (0)70-666 13 80
Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20
Fabege AB (publ) discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was submitted for publication at 13:15 on 12 June 2008.