Bilia has signed an agreement involving the sale of a car dealership in Vanlöse, Copenhagen. Bilia no longer runs any operations in this property.
The facility, which has an area of approximately 4,400 m2, will be sold without any tenant.
Bilia's capital gain on the sale is around SEK 11 million before tax. The sales price is higher than the valuation made in December 2004.
The buyer will have access to the property from 15 September 2005.
Including this disposal three properties have been sold during 2005 with a total capital gain of SEK 30 million.
Göteborg, 29 July 2005
Bilia AB (publ)
For further information, please contact Peter Hallgren, managing director of Bilia Fastigheter (Real Estate), on phone +46 31 709 55 40, or Bilia's CEO, Jan Pettersson, on phone +46 31 709 55 00.
