September 30, 2016 / 12:06 PM / a year ago

BRIEF-Fabege sells property in Gamla Stan

Sept 30 (Reuters) - Fabege AB :

* Sells property in Gamla Stan

* Sale will take place in form of company with underlying property value of 180 million Swedish crowns ($20.9 million)

* Sale will generate profit before taxes of 15 million crowns and 23 million crowns after taxes

* Profit will be recognised in Q3

Source text for Eikon:

Further company coverage: ($1 = 8.6195 Swedish crowns) (Gdynia Newsroom)

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