Brief: Stendorren Builds Facility In Bromma, Expects Annual Net Operating Income Of SEK 6.4 Mln

Stendorren Fastigheter AB

23/09/2024 09:52

Sept 23 (Reuters) - Stendorren Fastigheter AB
 STEFb.ST :
    * BUILDS A 3,700 SQM WAREHOUSE AND SHOWROOM FACILITY IN
BROMMA
AFTER SIGNING A 10-YEAR LEASE
    * ESTIMATED ANNUAL NET OPERATING INCOME IS SEK 6.4 MILLION
    * TOTAL NEW INVESTMENT, EXCLUDING BUILDING RIGHT VALUE,
AMOUNTS TO
APPROXIMATELY SEK 83 MILLION
    * CLIENT IS EXPECTED TO TAKE POSSESSION OF PREMISES IN Q4 OF
2025
    * IMPLICIT VALUE OF UTILIZED BUILDING RIGHT IS ESTIMATED TO
APPROXIMATELY SEK 33 MILLION
    * IMPLICIT VALUE IS THREE TIMES BOOK VALUE OF BUILDING RIGHT

Source text for Eikon:  ID:nWkr9BfR1V 
Further company coverage:  STEFb.ST 

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