GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Fastighets AB Balder (STO:BALDB) sells the properties Stockholm Motståndet 7 and 9, Magneten 25, Solna Sparrisen 2 and Falkenberg Faktorn 6. The total lettable area amounts to 26,000 sqm.
The sales total amounts to approximately SEK 300m and the profit approximately to SEK 25m. The profit will affect the result of the second quarter 2014.
Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 30 June 2014 at 15.00.CEST
Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 29.1 billion as of 31 March 2014. The Balder share is listed on NASDAQ OMX Stockholm, Mid Cap segment.
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