News : Housing project

Fabege has divested the Påsen 10 property in Hammarby sjöstad, Stockholm. The purchaser is Skanska. The property is being sold in the form of a company with an underlying property value of SEK 188m. Påsen 10 currently comprises nearly 10,000 sqm of floor space, primarily industrial/warehouse and office premises. Skanska intends to build residential premises on the property. The purchaser will take possession on 30...

NCC Housing in Germany, NCC Deutschland GmbH, has sold a proprietary housing project in northern Berlin for SEK 176 million. The buyer is a German residential property fund, which will take possession of the project upon completion in December 2011. The sale will affect earnings in the fourth quarter of 2011.
The project comprises a total of 136 apartments, 39 garage slots and 45 parking spaces on the ground...