December 22, 2016 / 7:08 AM / 7 months ago

BRIEF-Kungsleden divests part of property in Mölndal

1 Min Read

Dec 22 (Reuters) - Kungsleden AB :

* Signed an agreement to sell an unbuilt part of the property Stiernhielm 7 in Mölndal to JM AB.

* JM AB has paid an unconditional deposit of 5 million Swedish crowns ($545,000) at agreement signing

* Rest of purchase price is deemed to be paid during first half of 2019

* When new zoning plan has gained legal force and real estate regulation is completed JM will pay rest of purchase price, estimated to 112 million crowns

* Transaction will result in a profit effect of 107 million crowns for Kungsleden Source text for Eikon:

Further company coverage: ($1 = 9.2013 Swedish crowns) (Gdynia Newsroom)

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