Fastator liquidates the Fastator Sicklaön holding by selling a commercial property of 2,200 square meters with associated land area in Nacka in Stockholm. The property is currently fully let.

The purchase price amounts to SEK 75 million, which is in line with book value. Buyer is a jointly owned JV company between Alhem Fastigheter AB and R2 Fastigheter AB.

The sale means that Fastator simultaneously resolves secured loans of approx. SEK 70 million.

"We continue to reduce Fastator's indebtedness by selling holdings that are not deemed strategic for the company in the longer term," says Björn Rosengren, Acting CEO of Fastator.

"We see great potential in this property and look forward to taking over the management and development work," says Douglas Axelson, R2 Fastigheter.

"We thank Fastator for a well-executed process and look forward to realizing the full potential of the location and the property," says Jacob Hallberg, CEO of Alhem Fastigheter.