CLS announces that completion has now taken place in respect of the sale of Solna Business Park to Fabege AB. The sale was completed on 21st August 2006 on terms presented in their announcement on 26th June 2006.
Executive Chairman of CLS, Sten Mortstedt, commented:
"I am pleased with the Solna Business Park transaction. It was bought as a run down semi-industrial estate and has since been converted into a prime business location. CLS has proven that it had the right vision and management to implement the changes and has, through the sale, now capitalised on the financial rewards."
Source: CLS Holdings