The Board of Directors of SATO Corporation has today taken the decision to begin
using a yield based valuation method to determine the value of the company's
investment properties that earlier was valued by the sales comparison method. As
a result of the change, the company's property values are expected to increase
by EUR 450-500 million. SATO will switch to the yield based valuation method in
its financial statements as of 31 December 2019.
For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848
This is information that Fastighets AB Balder is obliged to make public pursuant
to the EU Market Abuse Regulation and the Securities Markets Act. The
information was submitted for publication, through the agency of the contact
person set out above, at 15.00 CET on January 23, 2020.
Fastighets AB Balder is a listed real estate company which shall meet the needs
of different customer groups for premises and housing through local support.
Balder's real estate portfolio had a value of SEK 133.2 billion (114.5) as of 30
September 2019. The Balder share is listed on Nasdaq Stockholm, Large Cap.
Fastighets AB Balder (publ)
PO Box 53 121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
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NASDAQ OMX Nordic - NASDAQ OMX Stockholm AB published this content on 23 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 January 2020 14:03:02 UTC
