Brief: Balder And Serneke Sell Building Rights To Framtiden Group

Doxa AB

22/01/2024 06:59

Jan 22 (Reuters) - Fastighets AB Balder  BALDb.ST :
    * BALDER AND SERNEKE SELLS BUILDING RIGHTS IN KARLASTADEN TO
FRAMTIDEN GROUP
    * PURCHASE PRICE AMOUNTS TO ABOUT SEK 1 BILLION
    * PURCHASE PRICE IS BASED ON PROPERTY VALUE OF ABOUT SEK 1.3
BILLION
    * PURCHASE PRICE INCLUDES UNILATERAL OPTION FOR SERNEKE,
BALDER TO
BUY BACK BUILDING RIGHTS IN FOUR PARTLY-OWNED BLOCKS BY SEPT
2027 AT LATEST

Source text for Eikon:  ID:nWkr2sxDt4 
Further company coverage:  BALDb.ST 

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