Sjælsø sells 75% of Stockholm project to HSB

Danish property company Sjælsø has entered into an agreement with Swedish real estate developer HSB Bostad for the sale of 75% of its major development project in the municipality of Solna, Stockholm. The company said that the sale price is 'significantly above the acquisition price and book value', releasing cash in excess of DKK 100 mln (EUR 14 mln) for Sjælsø.

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