Fastighetsbyrån’s sale of Hemnet completed

The sale of Fastighetsbyrån’s holding in Hemnet, which was announced on December 16 2016, has now been completed. 

For the owner of Fastighetsbyrån, Swedbank, the sale will result in a tax-free capital gain of approximately SEK 650 million during the first quarter of 2017. The capital gain will be recognized in Other income.

For more information:
Claes Warrén, Press contact, Swedbank, phone: +46 70 375 00 54

Swedbank promotes a sound and sustainable financial situation for the many people, households and companies. Our vision is to contribute to development “Beyond Financial Growth”. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 640 000 corporate customers and organisations with 266 branches in Sweden and 143 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 30 September 2016 the group had total assets of SEK 2 394 billion.
Read more at www.swedbank.com

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