Fabege sells properties in Marievik (SE)

Fabege has sold the properties Marievik 14 and 19 to AMF Pension for SEK 975 million (approx. €96 mln.). The properties comprise a total lettable area of 39,000 m², primarily office space.

The buyer will take possession of the properties on 30 April. The sales will result in a total profit after tax of SEK 185 million (approx. €18 mln.), which will be recognized in the first quarter of 2008.

Source: Fabege

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