Fabege has sold the Skogskarlen 1 and 2 properties at Pipers väg 2 in Solna to Magnolia. The property comprises approximately 8,800 m² of lettable floor area, plus a garage. The space comprises office, restaurant and storage premises. Essentially the entire property is fully let.
The sale will occur in the form of a company with an underlying property value of SEK 160 mln (approx. €17.55 million) and will generate a gain of approximately SEK 11 mln before tax and about SEK 14 mln after tax, which will be recognised during the second quarter of 2014.
“This was our only remaining property in Bergshamra and the sale enables us to continue to focus on our prioritised submarkets,” comments Klaus Hansen Vikström, Director of Business Development at Fabege.