Klövern signs a 20-year lease with StayAt in Kista

2015-06-05

Klövern has signed a lease contract with StayAt HotelApart AB regarding an apartment hotel with around 170 rooms in Kista.

The contract encompasses around 7,300 sq.m. and is for a period of 20 years. The building in question, which is a part of the property Helgafjäll 2, will be completely renovated. StayAt is scheduled to move in in August 2016.

“We look forward to increasing our capacity in Kista and complete our concept in new premises together with Klövern. Here we have the possibility of creating a meeting place and atmosphere where we through passion, consideration and competence can offer what we believe is the future of staying”, says StayAt HotelApart AB’s CEO Daniel Stendahl.

“We are happy to be able to offer StayAt newly renovated tailor made premises. We believe the new apartment hotel will be an important contribution to the continued development of Kista, says Klövern’s CEO Rutger Arnhult.

Annordia has been adviser to Klövern.

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 Swedish growth regions. As of 31 March 2015, the value of the properties totaled SEK 31.0 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 5 June 2015.