Klövern acquires the property Köpmannen 5 in Västerås for approximately SEK 175 million from IKEA Fastigheter.
The property is under total redevelopment and will at completion consist of around 16,600 sq. m. for the retail trade. Currently some 6,900 sq. m. are let, on long-term contracts, to Systembolaget, Willys and Rusta. Klövern will, until transfer of possession, work together with IKEA Fastigheter on letting the remaining square meters.
Transfer of possession has preliminarily been set at 1 October 2014.
“This is a very exciting project that IKEA Fastigheter has initiated and we will now develop it into a strong retail hub in Västerås”, says Klövern’s CEO Rutger Arnhult.
For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70, email@example.com
Lars Norrby, IR, +46 76-777 38 00, firstname.lastname@example.org
Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of 30 September 2013, the value of the properties totalled approximately SEK 23.2 billion and the rental income on an annual basis was around SEK 2.5 billion. Klövern is listed on Nasdaq OMX Stockholm Mid Cap. For further information, see kelly.corem.se.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone: +46 155-44 33 00, fax: +46 155-44 33 22,
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 10 January 2014.