Klövern divests properties and concentrates its portfolio

2013-06-26

Klövern has in separate transactions divested three properties in Landskrona, Mark and Norrköping for around SEK 70 million. These sales entail a concentration, geographically and in terms of type of property, of Klövern’s portfolio.

Divestment of the three properties means that Klövern will leave the municipality of Mark, reduce its portfolio in Landskrona to one property and divest a central retail and residential property in Norrköping.

Ownership of the property in Landskrona was transferred on 13 June and the properties in Mark and Norrköping will be transferred on 1 July.

“Klövern is continuing the concentration of its property portfolio initiated at the end of 2012. The aim is to achieve a high level of efficiency and profitability in our administration”, says Klövern’s CEO Rutger Arnhult.

Nyköping, 26 June 2013

Klövern AB (publ)

For further information, please contact:
Rutger Arnhult, CEO, +46 70-458 24 70, rutger.arnhult@staging-wwwklovernse.wp4.triggerfish.cloud
Britt-Marie Nyman, Finance and IR Manager, Deputy CEO, +46 155-44 33 12/+46 70-224 29 35,
britt-marie.nyman@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 at 31 March 2013, the value of the properties totalled approximately SEK 22.7 billion and the rental income on an annual basis was around SEK 2.5 billion. The Klövern share is listed on Nasdaq  OMX Stockholm Mid Cap.

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. Website: www.staging-wwwklovernse.wp4.triggerfish.cloud, 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 26 June 2013.