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13 February 2012

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Sweden's listed Fabege in e360m asset sale to private Olov Lindgren group

Swedish listed property group Fabege has sold a Stockholm office complex to the group Byggnadsfirma Olov Lindgren, also based in the Swedish capital, for an investment of e360m.

The property has an overall surface area of 2,500 sq.m. of mostly office space. Fabege, one of the most important Swedish commercial property companies, invests primarily in Stockholm, Solna, and Hammarby Sjostad. Its portfolio includes 158 properties for a total book value of some e2.87bn.

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