Hemfosa Fastigheter’s joint venture, Söderport, to divest property for MSEK 979

Hemfosa’s joint venture, Söderport, which is owned equally with AB Sagax, has today agreed to divest a property in Gothenburg for MSEK 979. The property is situated in Torslanda and comprises a leasable area of 134,000 square meters containing premises for warehousing and offices.

The buyer is a company administered by Ness, Risan & Partners and owned by NRP 2016 AS (50 percent) and NRP Eiendom 2015 AS (25 percent). As part of the transaction, Söderport will invest in the acquiring company corresponding to an ownership stake of 25 percent.

The selling price is on a par with the carrying amount. The transfer will take place in company form. Possession is expected to be transferred in the first quarter of 2017.

For further information, please contact: 

Jens Engwall, CEO, jens.engwall@hemfosa.se, mobile +46 70 690 65 50, office +46 8 448 04 80

About Hemfosa Fastigheter

Hemfosa is a Swedish property company focusing on community service properties in the Nordic region with its largest tenants being the Swedish state and municipalities. This provides stable cash flows and a healthy yield. In order to create value, Hemfosa also aims to actively participate in the transaction market. At December 31, 2016, Hemfosa owned properties with a total property value of approximately SEK 38.9 billion, including the company’s share of the property value in joint ventures. Hemfosa’s common share has been listed since March 2014 and Hemfosa’s preference share since December 2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se.

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