Swedish property major Fabege has sold the Racketen 10 property in Alvik, western Stockholm to Carnegie Fastigheter Sverige for SEK 700 mln (EUR 75 mln). The transaction resulted in a realised change in value before tax for Fabege of SEK 60 mln. Fabege is to retain a small portion of the property 37,280 m[sup]2[/sup] property for its own project development. Offices account for almost 25,000 m[sup]2[/sup] of the property. Another 3,600 m[sup]2[/sup] is allocated to warehousing and industry while the remainder is retail.
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