Akelius sells 116 apartments in Stockholm

Report this content

The buyer is a tenants’ association. The property from 1970 consists of five buildings. The sales price of SEK 192 million, SEK 21,000 per square meter, is SEK 57 million higher than book value at the end of last quarter. Akelius is going to complete upgrades for a total of SEK 18 million. Akelius acquired the property in 2011.

Stockholm, 2016-02-16

Pål Ahlsén

MD, Group CEO

+46 768 07 97 02

pal.ahlsen@akelius.se

Akelius Residential Property AB’s preference shares are listen on Nasdaq First North. Avanza Bank is the Certified Adviser of the company.

Subscribe

Documents & Links