Tribona AB
Tribona AB (publ) sells property for SEK 1,075 million in Västerås
Tribona AB 05.12.2014 08:30 Dissemination of a Adhoc News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Lund, Sweden, 2014-12-05 08:30 CET (GLOBE NEWSWIRE) -- The real estate company Tribona AB (publ) is selling the property Saltängen 1 in Västerås for a property value of SEK 1,075 million. The property consists of approximately 104,000 m² and is fully let to ICA Fastigheter Sverige AB. From the property value will be deducted decided yet unexecuted investments. The deal will result in a realized loss of about 55 million, compared with book value per Q3 2014. Buyer is Saltängen Property Invest AB, a company formed and structured by Pareto Securities AB. The buyer is owned by a number of institutional and private investors. The transaction is conducted as a corporate business and the withdrawal as well as the payment is scheduled for December 19 2014. 'The property Saltängen 1 in Västerås has with its 104,000 m² been by far our largest property and its value has accounted for a significant part of our total property value. After the sale of Saltängen 1, ICA will still be a big and important customer. Our stated ambition to grow the company to SEK 10 billion in the long term stays.' says Per Johansson, CEO in a statement. MAQS Advokatbyrå has been Tribonas legal advisor. For further information: Per Johansson, CEO +46 708 17 13 63, e-mail: per.johansson@tribona.se This information is such that Tribona AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 5 December 2014, 08:30 CEST. About Tribona Tribona is Sweden's largest listed pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 25 in Sweden and one in Denmark, with a total lettable area of about 743 000 square meters. For more information, please visit www.tribona.se News Source: NASDAQ OMX 05.12.2014 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Tribona AB Sweden Phone: Fax: E-mail: Internet: ISIN: SE0005126885 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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