Fabege acquires the property Läraren 5 at Norra Bantorget in Stockholm for SEK 225 million. The property at Torsgatan 2-4 comprises a total of 11,125 sq. m lettable space, of which 10,690 sq. m office space and 435 sq. m residential.
Fabege sells the properties Skjutsgossen 12 at Södermalm and Fyrkanten 11 in the center of Stockholm for totally SEK 1,036 million. The divested properties give a realised change in value of SEK 50 million. Skjutsgossen 12 at Rosenlundsgatan 3-13/Torkel Knutssonsgatan 20-24 comprises 31,983 sq. m and Fyrkanten 11 at Sveavägen 32-36/Apelbergsgatan 42 comprises 6,685 sq. m lettable space.
Buyer and seller take possession of the properties on 16 December 2005. The property deals are made with AFA Sjukförsäkring AB.
– The property Läraren 5 has development potentials. There is a variety of possibilities, says Erik Paulsson, CEO of Fabege.
Acquired property
Property Area Category Space, sq. m
Läraren 5 Norra Bantorget Office and residential 11,125 sq. M
Totally 11,125 sq. m
Divested properties
Property Area Category Space, sq. M
Skjutgossen 12 Södermalm Office and retail 31,983 sq. m
Fyrkanten 11 City Office, retail and 6,685 sq. m
residential
Totally 38,668 sq. m
Fabege AB (publ)
For further information, please contact:
Erik Paulsson, CEO Fabege AB, phone +46 (0)8-555 148 18, +46 (0)733-87 18 18
Olle Knaust, Deputy CEO Fabege AB, phone +46 (0)8-555 148 10, +46 (0)733-87 18 10