GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Fastighets AB Balder (publ) (STO:BALDB) has agreed to sell its entire holdings in Finspång to Amasten Holding encompassing approximately 68,000 sq.m. with an underlying property value of SEK 460 million. Balder will as partly payment subscribe for shares in Amasten, up to SEK 30 million, equivalent to an ownership interest of approximately 10 per cent.
The sale price exceeded Balder´s latest valuation by over 10 per cent, which will be reported in the second quarter.
Fastighets AB Balder (publ) discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 30 May 2014 at 08.30 CET.
Fastighets AB Balder (publ) PO Box 53121, 400 15 Gothenburg Tel: +46 31 10 95 70 Corporate Identity No. 556525-6905, Registered office Gothenburg www.balder.se
Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 29,1 billion as of 31 March 2014. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.
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