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Fast. Balder — M&A Activity 2012
Feb 15, 2012
2887_rns_2012-02-15_f6ae62f9-e9a1-4cfb-82e3-00b945454754.pdf
M&A Activity
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PRESS RELEASE 15 February 2012
Balder sells property
Fastighets AB Balder (publ) is selling the site leasehold right to the property Stockholm, Syllen 3 in Årstadal / Liljeholmen to AB Stockholmshem. The lettable area amounts to 5,200 sq. m. and the purchase price amounts to SEK 64 million.
The transfer, which is a corporate transaction, is conditional on Stockholm City Council's approval of the purchase and on the City Council's decision gaining legal force.
For further information, please contact: CEO Erik Selin, tel. +46 706 074 790 or Director of Economy Magnus Björndahl, +46 735 58 29 29
Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 15 February 2012 at 15.00.
Fastighets AB Balder (publ) PO Box 53121, 400 15 Gothenburg Tel: +46 31 10 95 70 Corporate Identity No. 556525-6905, Registered office Gothenburg www.balder.se
Fastighets AB Balder is a listed real estate company with a property portfolio consisting of approximately 50% residential properties and 50 % commercial properties. Balder's property portfolio had a value of SEK 16.5 billion on 30 September 2011. Balder's shares are listed on Nasdaq OMX Stockholm, Mid Cap.