|
|
Article: Fastighets AB Tornet sells 26 properties for SEK1,055m.(Brief Article)
- Article from:
- Nordic Business Report
- Article date:
- March 7, 2005
CopyrightCOPYRIGHT 2005 Normans Media Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NORDIC BUSINESS REPORT-7 March 2005-Fastighets AB Tornet sells 26 properties for SEK1,055m(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish property company Fastighets AB Tornet said on Monday (7 March) that it had sold 25 properties in Karlstad and one in Oskarshamn in Sweden for a total of SEK1,055m.
"The purchase price exceeds the book value as at 31 December 2004 by SEK70m and is SEK75m below the internal market valuation performed by Tornet at ...