AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

Fabege

Regulatory Filings Dec 29, 2009

2914_rns_2009-12-29_2057f2ab-25d3-44e6-983d-370f5c04df1d.pdf

Regulatory Filings

Open in Viewer

Opens in native device viewer

Fabege AB (publ)

PRESS RELEASE 29 December 2009, 11:30 AM CET

Fabege sells in Nacka and Västberga

Fabege has sold its Sicklaön 145:20 property in Nacka to Järla Marknad AB for a consideration of SEK 50m and its Elektra 20 leasehold to Fastighets AB TESST for SEK 7m. Sicklaön 145:20 comprises a lettable floor area of 3,300 m 2 . The Electra 20 leasehold property is undeveloped and has a floor area of 3,870 m 2 .

The sale will result in a profit after tax of SEK 5m, which will be recognised in the fourth quarter of 2009.

"The sale fits in with our ambition to concentrate our property portfolio to a few select sub-markets," Christian Hermelin, Fabege's CEO, says.

Fabege AB (publ)

For further information, please contact:

Christian Hermelin, CEO of Fabege, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25 Åsa Bergström, Deputy CEO and CFO, phone +46 (0)8-555 148 29, +46 (0)706-66 13 80 Annette Kaunitz, Director of Communications, phone +46 (0)8-555 148 20, +46 (0)708-390 337

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 11:30 am (CET) on 29 December 2009.

Fabege AB (publ) is one of Sweden's leading property companies focusing on commercial premises. The book value of the company's property portfolio is approximately SEK 29.4bn. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.4bn and a lettable area of 1.4m square metres. Fabege's shares are listed on the Stockholm Stock Exchange, Large Cap segment.

Talk to a Data Expert

Have a question? We'll get back to you promptly.