Fabege reports additional consideration of SEK 200m regarding property sale
In 2010, Fabege sold a property portfolio to Profi Fastigheter. The parties then jointly conducted a detailed work plan to enable the development of housing on two of the properties. Profi Fastigheter has now agreed on the implementation of the housing project with a third party which leads to an additional consideration will be paid to Fabege.Provided the new zoning plan gains legal approval, the additional consideration is estimated to be at least SEK 200m and will be reported as a realised change in value in the fourth quarter of 2016. A condition for the additional consideration to be