Klövern divests in Kristianstad and acquires in the Gothenburg area

GlobeNewswire Europe

Klövern sells two properties for SEK 120 million and acquires two properties for SEK 60 million. The counterpart in both transactions is Hemfosa Fastigheter AB.

The divested properties Kristianstad 4:7 and Härbärget 1 are situated in Kristianstad and have a total lettable area of around 18,800 sq.m. After this transaction Klövern no longer has any properties in Kristianstad.

The acquired properties Kortedala 36:23 and Partille 1:76 are situated in the Gothenburg area and have a total lettable area of around 12,900 sq.m. The largest tenants are Axfood, Handelsbanken and Thyssen Krupp. The total rental value amounts to SEK 7.6 million.

Transfer of possession of all four properties is estimated to be 2 June.

"The deal is a step in the streamlining of Klövern where we focus our property portfolio on cities where we have our own property management", says Klöverns CEO Rutger Arnhult.

Klövern AB (publ)


For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70, rutger.arnhult@klovern.se
Lars Norrby, IR, +46 76-777 38 00, lars.norrby@klovern.se


Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of 31 March 2014, the value of the properties totalled SEK 24.6 billion and the rental value on an annual basis was SEK 2.6 billion. Klövern is listed on Nasdaq OMX Stockholm Mid Cap. For further information, see www.klovern.se.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone: +46 155-44 33 00, fax: +46 155-44 33 22,
e-mail: info@klovern.se.

This information is such that Klövern AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 13 May 2014.

Klövern divests in Kristianstad and acquires in the Gothenburg area



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klövern AB (publ) via GlobeNewswire

HUG#1784901

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