Hemfosa and Sagax have agreed to each transfer three properties to the companies’ joint venture, Söderport Fastigheter. The transaction will have a marginal impact on Hemfosa’s profit from property management and its financial position, but will create a platform for more efficient management of the properties. All of the properties are situated in Stockholm and the majority are directly adjacent to Söderport’s existing portfolio.
The properties are being transferred to Söderport for MSEK 399, which corresponds to the externally assessed market value on 30 September. Of the purchase consideration, Hemfosa’s properties account for MSEK 206 and Sagax’s for MSEK 193. The six properties comprise a combined total leasable area of 38,400 square meters and are located in Farsta, Västberga, Åkersberga and Årsta.
The transfers will take place in company form and possession is scheduled to take place on December 1.
For further information, please contact:
Stina Lindh Hök, Head of Transactions, [email protected], mobile +46 70 577 18 85, office +46 8 448 04 80