Fabege sells two properties for SEK 3.4bn to Nrep
Fabege has signed an agreement with Nrep to sell the properties Orgeln 7 in Sundbyberg and Glädjen 12, Stadshagen, in a transaction worth SEK 3.4bn. The properties will be taken over by the buyer in early October.The underlying property value is consistent with the most recent valuation. After deducting sales costs, the transaction results in a recognised gain of SEK -13m before tax and SEK 414m after reversal of deferred tax. This will be recognised on the completion date.
The two properties are completed, largely fully let and both are located outside Fabege’s priority districts. The