SSM sells Bromma Square housing project
SSM Holding AB (publ) has sold its share in the Bromma Square housing project, which includes 355 planned cooperative apartments, to joint venture partner Profi Fastigheter. The sale is the result of the evaluation of the project that was initiated in the third quarter 2019. The transaction will have a marginal impact on SSM’s results and the proceeds from the sale will have a positive impact on cash flow by 42.9 MSEK during the first quarter 2020.SSM has sold its share of the Bromma Square housing project (Bordduken 7 and Linneduken 5) to joint venture partner Profi Fastigheter. Within