Fabege is selling a mixed-use portfolio to Swedish peer Dios & Kuylenstierna Forvaltning for SEK 1.35 bn (EUR 145.4 mln). The sale will result in an after-tax gain of about SEK 200 mln, Fabege said in a press release. The portfolio consists of eight properties that provide office, industrial and warehouse space.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
