ICA Fastigheter divests ten retail properties to Ancore Fastigheter

ICA Fastigheter is selling ten retail properties in Sweden to Ancore Fastigheter AB, which is co-owned by ICA Fastigheter and Alecta. The underlying property value amounts to SEK 918 million and the transaction generates a capital gain of SEK 118 million for ICA Fastigheter AB.Ancore Fastigheter AB is owned to 50% by ICA Fastigheter AB. ICA Gruppen’s share of the total capital gain, SEK 59 million, will be recognised in the third quarter of 2014. “As a result of this sale, capital will be released that can be invested in ICA’s store network at the same time as we retain influence over