News : selling

Fabege sells residential development rights

1/9/2012 9:00 AM EST - Fabege

Fabege has divested the forthcoming development rights for residential properties in Alvik (Racketen 11) and Solna (Styckjunkaren 4) to Peab and JM, respectively. While the transactions were already agreed upon, the terms and conditions have only now been fulfilled. Both of the transactions were implemented as sales of companies and resulted in a combined after-tax gain of SEK 47m, which will be recognised in the...

Huthwaite Global Survey Reveals Smartphone and Tablets Give Sales Reps the Compe...

12/9/2011 1:38 PM EST - Connect Communications, Inc.

Pharmaceutical Industry Dominates Trend, Driving Bottom Line Impact
Arlington, VA – December 9, 2011 – Smartphones and tablets are speeding up communication between sales reps and customers, according to a new survey by Arlington, Va.-based Huthwaite, the world’s leading sales performance improvement organization. Of the 8,500 managers, directors and associates who participated in...

Fabege sells property in Märsta

6/22/2011 2:00 AM EST - Fabege

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...

Houses For Sale

6/8/2011 4:34 PM EST - Sundaybell Inc.

Are FBSO (For Sale By Owner) Companies As Good As They Say?
Houses for Sale
TORONTO, ON., I just read a fantastic article about a couple who had a house for sale and sold it via a FSBO (for sale by owner) service. Congratulations!
For the rest of you, who might not have bought and sold 6 times in the past, it makes you ask the question: would you do your own heart surgery because you saw it on TV? Would you...

Selling A Home? Know What A Comparative Market Analysis Is?

4/14/2011 1:21 PM EST - Sundaybell Inc.

The real estate business is littered with big and sometimes incomprehensible terms! For example, when selling a home, chances are that you’ll be advised to do CMA.
A CM-what you say? In the world of real estate, a CMA is not a certified management accountant but a Comparative Market Analysis. A CMA is an analysis of your home in order to establish its market value. Or, in layman’s terms, it’ll tell you the...

Kungsleden selling public properties in Germany for SEK 1.3 bn

12/29/2010 3:00 AM EST - Kungsleden AB

Press Release 29 December 2010
Listed Swedish property company Kungsleden AB (publ) is divesting 17 properties in Germany for a total purchase price of approx. SEK 1.3 bn at a property yield of just over 7%. The buyer is Hemsö Fastighets AB, in which Kungsleden is a joint venture partner. The sales price is about SEK 20 m below book value and some SEK 35 m less than acquisition cost. This latter amount will be...

Fabege sells properties at Brommaplan

12/17/2010 6:00 AM EST - Fabege

Fabege has divested the Grammet 1 property and Vävnaden 1 leasehold at Brommaplan, Stockholm. The purchaser is JM. The sale takes place in the form of a company at an underlying property value of SEK 140m. Grammet and Vävnaden are commercial premises that comprise 7,000 sqm of rentable floor space.

JM intends to develop a large housing project at Brommaplan, which will also include these properties. The buyer...

Fabege divests industrial premises in Spånga, Stockholm

9/16/2010 12:00 AM EST - Fabege

Fabege has divested the Ferdinand 9 property in Spånga, Stockholm. The purchaser is KF Fastigheter AB and the purchase consideration amounts to SEK 31.8m. The property comprises approximately 4,700 sqm of warehouse and industrial premises. The purchaser will take possession of the premises on 1 October 2010.

“Looking ahead, the property has major potential to be developed for commercial purposes,” says...

Fabege sells housing project in Hammarby sjöstad

9/7/2010 2:00 AM EST - Fabege

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...

Fabege sells office property in central Stockholm

6/21/2010 3:20 AM EST - Fabege

Fabege has divested the leasehold for the property Orgelpipan 4 in central Stockholm. The buyer is Axfast AB, and the purchase price amounts to SEK 230m. The property comprises about 4,550 square metres and consists of an office building with retail premises on the ground floor. Transfer to the buyer will take place on 30 June 2010.

The sale will result in a capital gain of SEK 29m after tax, which will be...

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