5/21/2010 4:30 AM EST
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Fabege
Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110m. The approximately 4,600 sqm building comprises a residential hotel. The purchaser will take possession on 26 May 2010.
The sale will generate an after-tax gain of SEK 20m, which will be recognised in profit during the second quarter of 2010.
“The divestment is a further step towards the...