Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110 million (approx. 11.3 mln.). The approximately 4,600 m² building comprises a residential hotel. The purchaser will take possession on 26 May 2010.
The sale will generate an after-tax gain of SEK 20 million, which will be recognised in profit during the second quarter of 2010.
"The divestment is a further step towards the streamlining of our portfolio," says Christian Hermelin, CEO of Fabege, commenting on the transaction.