Atrium Ljungberg divests the properties Igor in Västerås, Mittpunkten in Östersund, Rotebro Handel in Sollentuna and Orminge Centrum in Nacka. The four properties cover a total of 63,300 sqm lettable area with some hundred stores and restaurants.
Purchaser is a real estate investment company together with a local partner.

“The sale is taking place as a part of our work on concentrating the property portfolio to our prioritised markets in Stockholm, Uppsala, Malmö and Gothenburg. Through the sale we are releasing capital and resources for the continued development of our project portfolio and also for strategic acquisitions in these locations,” comments Atrium Ljungberg's CEO Ingalill Berglund.

The sale will take place through a divestment of shares. The purchase price is based on an underlying property value of approximately SEK 1.3 billion before deductions for deferred tax. The transaction will yield a profit after tax of approximately MSEK 90 M within the Group and will be reported in the accounts for the third quarter of 2015.

The deal is conditional upon financing reservation.

The purchaser is expected to take possession of the properties on 1 October 2015.