“It is satisfying to see that Klövern’s valuations match up and that it’s possible to close transactions. This sale releases capital that can be invested in suitable projects or acquisitions,” says Klövern’s CEO, Gustaf Hermelin.
The two properties sold, registered as Elektriciteten 2 and Doppingen 15, occupy central situations on Stora Torget and Trädgårdstorget in Linköping. Elektriciteten’s tenants include Sweco and the fashion retailer Lin & Co and among the tenants at Doppingen are McDonald’s and Netto. The total rentable area amounts to approximately 8,900 sq. m. of which 3,600 sq. m. is in Elektriciteten and 5,300 sq.m. in Doppingen. The properties will be handed over on May 4, 2009.
Nyköping, April 16 2009
Klövern AB (publ)
For further information, please contact:
Gustaf Hermelin, CEO, tel. +46 155-44 33 10, +46 70-560 00 00, firstname.lastname@example.org
Caesar Åfors, CFO and vice-President, tel. +46 155-44 33 02, +46 70-662 48 48, email@example.com
Britt-Marie Einar, Finance and Information Manager, tel. +46 155-44 33 12, +46 70-224 29 35,
Klövern is a real estate company committed to working closely with customers in Swedish growth regions to meet their needs of premises and services. Klövern has business units in ten cities: Borås, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and Örebro. As at 31 December 2008, the value of the properties totalled approximately SEK 11.9 billion and the rental income on an annual basis was approximately SEK 1.4 billion. The Klövern share is listed on OMX Nordic Exchange in Stockholm for medium-sized companies.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46 155-44 33 00, Fax +46 155-44 33 22.
Reg. no 556482-5833. Registered office: Nyköping. Website: kelly.corem.se