Fabege sells historic property in Gamla Stan for EUR 35m

Listed Swedish real estate firm Fabege has announced the sale of the Aeolus 1 building in Gamla Stan, the old town of Stockholm, with an underlying property value of SEK 360 mln (about EUR 35 mln). The buyer is Swedish firm Dina Försäkring and the transfer date is 1 March 2010. Fabege said the sale will result in a profit after tax of SEK 10 mln for the fourth quarter of 2009.

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