Fabege sells property in Märsta

Fabege sells property in Märsta

 

Fabege has divested the Märsta 15:5 property for a sales consideration
of SEK 30m. The property comprises 90,000 sqm of undeveloped land. The
purchaser is Sigtuna Municipality.

The purchaser will gain access as soon as the Municipal Council's
decision becomes legally effective.

The sale will generate an after-tax gain of SEK 14m, which will be
recognized in profit during the second quarter of 2011.

“Owning undeveloped industrial land outside our core area is not a
prioritised business for us and the transaction is fully in line with
our strategy,” comments Klaus Hansen Vikström, Business Development
Manager at Fabege.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8 555 148 29, 46 (0)70
666 13 80
Klaus Hansen Vikström, Director of Business Development, Tel: 46 (0)8
555 148 74, 46 (0)70 289 34 81