Klövern AB: Klövern divests properties in Lund and Ystad and acquires in Kista

2017-04-04

Klövern has sold 4 properties in Lund and 11 properties in Ystad, and at the same time acquires a site leasehold in Kista.

In a swap deal with Genova, Klövern divests 3 properties in Lund for an underlying property value of SEK 129 million, and at the same time acquires the site leasehold to the property Stockholm Borg 4 in Kista for an underlying property value of SEK 41 million. The properties Rivan 1, Nordanvinden 3 and Gustavshem 6 in Lund have a lettable area of around 8,700 sq.m. and are fully let. Stockholm Borg 4, which has a lettable area of around 1 900 sq.m., borders in all directions to site leaseholds owned by Klövern. The property is fully let and has a rental value amounting to SEK 3 million. Transfer of possession will be on 1 June.

In Ystad, Klövern has divested all its 11 properties. The properties constitute a project for future residential construction. The buyer is Riksbyggen which also acquires the property Gustavshem 2 in Lund. The total underlying property value for the properties amounts to SEK 80 million. Transfer of possession will be on 4 May.

Klövern AB (publ)

For additional information:
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult@staging-wwwklovernse.wp4.triggerfish.cloud
Lars Norrby, IR, +46 (0)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 Swedish growth regions. 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.