D. Carnegie & Co divests Geneta Centrum in Södertälje

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – has divested Geneta Centrum in Södertälje and the two properties Ängsgröen 1 and Ängsgröen 3 in the Municipality of Södertälje, by way of a company transaction for an agreed property value of SEK 36 million. 

-       D. Carnegie & Co is focused on owning residential properties, mainly in the Stockholm region. Therefore, it is natural to dispose of properties that are not part of our core business, says Ulf Nilsson, CEO.

The purchaser of the properties is Geneta Fastigheter AB and closing will take place on 1 June 2015.

For further information, please contact:
Ulf Nilsson, CEO, D. Carnegie & Co                                                                             +46 (0)8 – 121 317 25

About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the Bosystem renovation method.  In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to MSEK 11,700 on 31 March 2015 and the total rental value is estimated at MSEK 1,190 annually. The economic occupancy rate is high – vacancies are virtually non-existent. D. Carnegie & Co has been listed on NASDAQ Firth North Premier since 11 December 2014. The company’s Certified Adviser is G&W Fondkommission.

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