Information from Klövern about rental contracts in Kista

2015-08-28

Klövern has extended two rental contracts in the property Isafjord 4 in Kista. In total the contracts encompass around 35,000 sq.m. of office space which have been extended to 31 December 2025.

Additionally, rental contracts in Kista encompassing in total around 41,000 sq.m have been terminated as of 31 August 2016.

Klövern has also resolved the rent dispute that is mentioned in the interim report for the period January-June 2015. Klövern has, by reduction of rental income, previously reserved SEK 15 million for 2012 and SEK 15 million for 2013. The agreement regarding the rent dispute means that an additional SEK 7 million will burden profits in the third quarter of 2015.

Klövern AB (publ)


For additional information:
Rutger Arnhult, CEO, +46 70-458 24 70, rutger.arnhult@staging-wwwklovernse.wp4.triggerfish.cloud
Lars Norrby, IR, +46 76-777 38 00, lars.norrby@staging-wwwklovernse.wp4.triggerfish.cloud

Klövern is a real estate company committed to working closely with customers to offer them efficient premises in selected growth regions. As of 30 June 2015, the value of the properties totaled SEK 31.9 billion and the rental value on an annual basis was SEK 3.0 billion. Klövern is listed on Nasdaq Stockholm. For further information, see www.staging-wwwklovernse.wp4.triggerfish.cloud.

Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 8-400 500 50. E-mail: info@staging-wwwklovernse.wp4.triggerfish.cloud.

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 28 August 2015.