D. Carnegie & Co divests properties in Eskilstuna to tenants

D. Carnegie & Co (publ) – listed on Nasdaq Stockholm – has divested two residential properties to a private housing cooperative. The sale of the properties in Eskilstuna is completed at an underlying property value of SEK 44 million, corresponding to SEK 23,417 per square meter lettable area.

The properties consist of two residential buildings erected 1921 with 28 apartments and one commercial unit.

For further information, please contact:

Svein Erik Lilleland, interim CEO D. Carnegie & Co, tel +46 (0)8 – 121 317 25

About Us

About D. Carnegie & Co D. Carnegie & Co is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the Bosystem renovation method which, among other things, means that no evacuation needs to take place. In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK 15,887 million as of September 30 2016. The total annual rental value amounted to SEK 1,366 million as of September 30 2016. The economic occupancy rate is high – vacancies are virtually non-existent. D. Carnegie & Co is listed on Nasdaq Stockholm.

Subscribe

Documents & Links