Sveafastigheter divests shares in M-Punkten Fastigheter AB
Sveafastigheter Fund II AB (“Sveafastigheter”) divests its majority stake in M-Punkten Fastigheter AB (”M-Punkten”) to NP3 Fastigheter AB.
Sveafastigheter divests shares in M-Punkten representing 50.5% of the capital to NP3 Fastigheter AB. M-Punkten owns 18 commercial properties, comprising primarily light industry, warehouse and office premises in Sundsvall and Timrå. The leasable area amounts to approximately 30,000 square meters. The selling price equals an underlying property value amounting to SEK 135 million.
– We are pleased with the co-operation with our local partners, which has contributed to the good return, through active asset management and thus increased cash flow, says Simon de Château, CEO at Sveafastigheter.
For comments and further information, please contact:
Simon de Château, partner and CEO, phone +46 8 545 075 01 or +46 708 48 51 52, simon.de.chateau@sveafastigheter.se
Hans Derninger, Director, phone +46 8 545 075 08 or +46 722 487 200, hans.derninger@sveafastigheter.se
Sveafastigheter
Sveafastigheter is a leading Nordic property fund manager. The first real estate fund, Sveafastigheter Sverige I, was launched in 2003. In 2006 Sveafastigheter launched its second fund, Sveafastigheter Fund II. In February 2011, Sveafastigheter Fund III held its final closing reaching EUR 317 million of commitments in aggregate.
Sveafastigheter is based in Stockholm with offices in Helsinki and Malmö.