Vattenfall sells real estate in Stockholm to IVG

Vattenfall sells real estate in Stockholm to IVG In accordance with Vattenfall's decision to focus on its core business an agreement has been reached with the German real estate company IVG concerning the sale of property in Stockholm. The transaction comprises property with a lettable area of approximately 80 000 square metres. Vattenfall will continue to rent the main part of the buildings. The sales price is SEK 617 million. IVG, with approximately 3 billion euros in real estate assets in ten European countries, is one of the leading European real estate companies. Vattenfall's advisor in this transaction has been Leimdörfer & Partners AB. Issued by Vattenfall's Press Office, telephone +46 8 739 50 10. For further information please contact: Ivan Kjellgren, Managing Director, Vattenfall Fastigheter AB, telephone +46 60 19 83 94 or +46 705 558 868. Knut Leman, Director of Information, Vattenfall, telephone +46 8 503 375 83 or +46 705 395 031. Vattenfall's vision is to be a leading European energy company. The Nordic region, Poland and Germany are its domestic markets. Today, Vattenfall generates power and supplies energy solutions to several million customers in the Nordic region and northern Europe. The largest electricity customers are industrial plants and energy companies. Vattenfall's main products are electricity, heat and natural gas, as well as network, consulting and maintenance services. The Group's net sales in 2001 are calculated to around SEK 70 billion. ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

About Us

Vattenfall’s vision is to be a leading European energy company. Vattenfall’s main products are electricity and heat. Today, Vattenfall generates electricity, produces heat and supplies energy to several million customers in the Nordic countries and northern Europe. The major customers are industrial plants, energy companies, municipalities, property companies and housing associations. For further information, please see The media service section, including a picture archive and Vattenfall’s press releases, can be found under News & Comments.


Documents & Links