FASTATOR SELLS 50% OF ITS SHARES IN KONKRET FASTIGHETSUTVECKLING I NACKA TO GENOVA PROPERTY GROUP
Konkret Fastighetsutveckling i Nacka owns the property registered as Nacka Sicklaön 386:6. Situated next to Ica Maxi, the property comprises approximately 2,200 sqm of commercial space and a site area of approximately 5,200 sqm, which is currently fully leased with Rusta as the largest tenant.
The aim of the transaction is that Genova Property Group and Fastator will jointly convert the property into housing units. The transaction will be carried out at the carrying amount in Fastator.
For more information, please contact:
Daniel Hummel, CEO
+46 (0)70 661 24 29
Erika Kveldstad, CFO
+46 (0) 70 339 99 99
Aktiebolaget Fastator (publ) in an investment company specialised in the property sector. Fastator’s business concept is to invest in entrepreneurial, property-related companies and to contribute to the achievement of unrealised potential through active, long-term ownership. Fastator’s share has been traded on Nasdaq First North Stockholm since 24 September 2015. The company’s Certified Adviser is Erik Penser Bankaktiebolag, tel. +46 (0)8-463 80 00. This is information of the type that Fastator is obligated to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 22 December 2015 at 9 a.m.