The site-leasehold to the property, Stockholm Mariehamn 1, is located at the Akalla subway station and currently comprises a 2,600 square meter building with commercial tenants, including a grocery store. D. Carnegie & Co. has, in consultation with the municipality of Stockholm, identified the site as suitable for future potential housing development with a commercial area at the ground floor. However since D. Carnegie & Co does not own any properties in Akalla, the company has chosen to divest the site-leasehold to another developer.
The sale was conducted as a share deal with an agreed property value of EUR 8M. The site-leasehold was acquired in 2014 for EUR 2.6M.
D Carnegie Sells – 95 percent Above Book Value
Sweden —
D. Carnegie & Co has completed the divestment of a site-leasehold with a grocery store in Akalla. The buyer is a wholly owned subsidiary of SSM Holding. The agreed property value amounts to EUR 8M, which is 95 percent above book value.<br />
2017-06-01
Maria Olsson Äärlaht
[email protected]