Brief: K-Fastigheter Mulls Divestment Of Four Properties In Copenhagen Area

K-Fast Holding AB

11/09/2023 07:36

Sept 11 (Reuters) - K-Fast Holding AB  KFASTb.ST :
    * K-FASTIGHETER HAS ENGAGED COLLIERS TO ASSIST WITH
DIVESTING FOUR
PROPERTIES IN THE COPENHAGEN AREA
    * IS EXPLORING POSSIBILITY OF DIVESTING A PROPERTY PORTFOLIO
IN
DENMARK COMPRISING FOUR PROPERTIES WITH A TOTAL OF 311
APARTMENTS
    * ALTOGETHER, IT CONCERNS FOUR PROPERTIES WITH A TOTAL OF
311
APARTMENTS, OF WHICH 163 ARE UNDER MANAGEMENT AND 148 ARE UNDER
CONSTRUCTION WITH PLANNED COMPLETION DURING Q4 2023
    * POSSIBLE DIVESTMENT WILL BE ABLE TO BRING IN NET CASH OF
APPROXIMATELY SEK 550 MILLION AFTER AMORTIZATION OF UNDERLYING
DEBT

Source text for Eikon:  ID:nWkr2gwqyS 
Further company coverage:  KFASTb.ST 

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