Fabege has sold its Generatorn 17 leasehold property in Ulvsunda, Stockholm to ITK hiss AB for a consideration of SEK 60m. The property comprises about 5,900 m2 of industrial space and the occupancy date is 1 July 2009.
The sale will result in a profit after tax of SEK 9m, which will be recognised in the second quarter of 2009.
“The sale is in line with our strategy of disposing of properties that lie outside our priority markets and concentrated property management units,” Christian Hermelin, Fabege’s CEO, comments.
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
This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 10:00 on 4 June 2009.