Klövern acquires properties in Borås and Norrköping

2005-06-22

The three properties in Borås mainly comprise of industrial and warehouse premises of just over 7,000 sq.m. The development property acquired in Norrköping consists of approximately 45,000 sq.m.of land in the out-of-town retail area Ingelstad. The residential properties sold in Linköping consist of a total of 3,200 sq.m. The sales price exceeds the most recently reported actual value by SEK 2 million, which will affect Klövern’s result in the third quarter of 2005.
 
More information about the properties sold is available on Klövern’s website under Våra fastigheter/Fastighetsförteckning [Our properties/List of properties (in Swedish)].
 
“The recent property transactions is a result of focused work to concentrate the property portfolio to commercial premises in our prioritised markets, including Borås and Norrköping”, says Klövern’s CEO, Gustaf Hermelin.
 
Nyköping, 22 June 2005
 
Klövern AB (publ)
 
For further information, please contact:
Gustaf Hermelin, CEO, tel +46-(0)155-44 33 10, +46-(0)70-560 00 00, gustaf.hermelin@staging-wwwklovernse.wp4.triggerfish.cloud
Anders Lundquist, CFO, tel +46-(0)155-44 33 20, +46-(0)70-528 43 33, anders.lundquist@staging-wwwklovernse.wp4.triggerfish.cloud
Britt-Marie Einar, Corporate Communications Officer, tel +46-(0)155-44 33 12, +46-(0)70-224 29 35,
britt-marie.einar@staging-wwwklovernse.wp4.triggerfish.cloud