Hemfosa Fastigheter’s joint venture, Söderport Fastigheter, divests a residential project in Stockholm for MSEK 355
ET | Source:Hemfosa Fastigheter AB
Söderport Fastigheter, jointly owned by Hemfosa and Sagax, has sold the
leaseholds to Packrummet 9-12 in Årsta, Stockholm. Today, the 40,000 square
meters of the properties are used as industrial and office premises. Work to
prepare a new development plan for conversion into residential units is in
The selling price amounts to MSEK 355, which exceeds the acquisition cost by
MSEK 60 and book value by MSEK 18. The buyer is Ikano Bostad. The property is
scheduled to be transferred today.
For further information, please contact:
Jens Engwall, CEO of Hemfosa Fastigheter AB, E-mail: firstname.lastname@example.org,
mobile +46 (0)70-690 6550, switchboard +46 (0)8-448 04 80
About Hemfosa Fastigheter
Hemfosa is a Swedish real estate company with a well-balanced and geographically
diversified property portfolio with a focus on community properties with state
and municipalities as the largest tenants. This provides stable cash flows with
good yield. In conjunction with value creation, Hemfosa also aims to actively
participate in the transaction market. Hemfosa owns commercial properties in
Sweden with a total property value of SEK 18.5bn, including the Company’s share
of the property value of joint ventures. The Company’s share is listed on NASDAQ
OMX Stockholm Mid Cap since March 21 2014.
This constitutes information that Hemfosa Fastigheter AB (publ) is legally
obliged to publish under the Securities Market Act and/or the Financial
Instruments Trading Act. The information was issued for publication on July 4,
2014 at 3:00 pm (CET).
GlobeNewswire, a Nasdaq company, is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
2321 Rosecrans Avenue.
El Segundo, CA 90245 Phone: (800) 307-6627 Fax: (800) 307-3567
25 Basinghall Street,
London EC2V 5HA
UK Phone: +1 866-465-8454