Klövern is concentrating its property holdings

2006-06-15

The properties sold comprise of a total of 16,700 sq.m. of which the majority are retail and restaurant and hotel premises. Two the properties are located in Linköping and one each in Motala and Åby. The properties were transferred at the turn of the month May/June.
 
The property in Kalmar, which is being taken possession of today, comprises of 9,600 sq.m. offices. The property is centrally located and almost totally vacant. Seller is Fabege.
 
“As a result of these sales, we are further concentrating our portfolio on commercial premises in prioritised markets. The acquisition in Kalmar means that we are growing in a market that we consider attractive”, says Klövern’s CEO Gustaf Hermelin.
 
Nyköping, 15 June 2006
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
 
 
Klövern is a real estate company with a local presence that actively develops properties in large Swedish cities outside the metropolitan areas. As at 31 March 2006, the value of the properties totals approximately SEK 6.1 billion and the rental income on an annual basis is approximately SEK 695 million. The Klövern share is listed on the Stockholm stock exchange, Stockholmsbörsen’s O list.
 
 
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden Tel +46-(0)155-44 33 00, Fax +46-(0)155-44 33 22
Company registration no. 556482-5833. Registered office: Nyköping. Website: www.staging-wwwklovernse.wp4.triggerfish.cloud