Letting for Klövern in central Västerås

Klövern is letting 500 sq.m. to Bostads AB Mimer in central Västerås. The annual rent amounts to almost SEK 900,000.

The municipal housing company Bostads AB Mimer has entered into a seven-year lease, with the option of a further three years, for over 500 sq.m. at the property Klas 8 in central Västerås. The premises, at the Sigma Square, consist of two floors of retail and exhibition space and will be a modern customer centre. The tenant is expected to move into the premises, which are currently vacant, in April 2011. The annual rent amounts to around SEK 870,000.

“We are, of course, very pleased that Bostads AB Mimer has decided to rent premises at one of our city properties and that we can contribute to the development of the Sigma Square”, says Klövern’s CEO Gustaf Hermelin.

“With such a good location and with new generous opening hours, we want to make it easier for our customers to visit us, says Fredrik Törnqvist, Managing Director, Bostads AB Mimer. We will also have better opportunity to market ourselves and our apartments”.

Nyköping, 10 November 2010

Klövern AB (publ)

For further information, please contact:
Gustaf Hermelin, CEO, +46 155-44 33 10/+46 70-560 00 00, gustaf.hermelin@klovern.se
Britt-Marie Einar, Finance and IR Manager, +46 155-44 33 12/+46 70-224 29 35,
britt-marie.einar@klovern.se

This information is such that Klövern AB (publ) may be obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication at 10 am CET on 10 November 2010.

Klövern is a real estate company committed to working closely with customers to meet their needs of premises and services in Swedish growth regions. Klövern has business units in ten cities: Borås, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and Örebro. As at 30 September 2010, the value of the properties totalled approximately SEK 12.2 billion and the rental income on an annual basis was around SEK 1.4 billion. The Klövern share is listed on Nasdaq 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. Corporate registration no. 556482-5833. Registered office: Nyköping. kelly.corem.se