Vasakronan sells two properties to Specialfastigheter for SEK 2.3 billion
Prior to a sale of Vasakronan, the owner has requested certain adaptations within Vasakronan’s property portfolio, entailing, for example, that the Stockholm Tre Vapen 4 and Stockholm Fruktkorgen 1 properties shall remain under state ownership.Accordingly, Vasakronan has agreed the sale of the Tre Vapen 4 and Fruktkorgen 1 properties to Specialfastigheter for a total purchase consideration corresponding to SEK 2,320 M.The Tre Vapen 4 property is to be sold to Specialfastigheter for an underlying property value of SEK 1,135 M. Transfer will occur on December 15, 2008. The tenant is the