Swedish Match Sells Stockholm Buildings

Source from:  tobaccoreporter.com Sweden, Monday, July 9, 2007 07/10/2007

Swedish Match agreed on Friday to sell its real estate company, which is the owner of two buildings in Stockholm, to Aberdeen Property Fund Pan-Nordic for SEK995 million. The capital gain on the sale, which is due for completion by October 1, is estimated to be in excess of SEK200 million. Swedish Match will remain one of the tenants in the divested buildings, which are known as the Tobaksmonopolet property. Enditem