Klövern signs a letter of intent regarding an acquisition of Globen City


Klövern has signed a letter of intent with The Carlyle Group regarding an acquisition of Globen City involving the properties Arenan 2, 3, 6 and 8 in Stockholm, and Startboxen 3 in Solna. Total lettable area amounts to approximately 140,000 sq. m. and consists primarily of office space.

The letter of intent gives Klövern exclusive rights to do due diligence of the properties. Final purchase agreements are expected to be signed at the end of Q1.

“We believe Globen City is a very exciting market which will gain even more in attractiveness with the planned development of Söderstaden. This acquisition increases Klövern’s exposure to Stockholm substantially, after the transaction the Stockholm region will account for around 50 % of Klövern’s property value”, says the company’s CEO Rutger Arnhult.

For further information, please contact:
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 30 September 2013, the value of the properties totalled approximately SEK 23.2 billion and the rental income on an annual basis was around SEK 2.5 billion. Klövern is listed on Nasdaq OMX Stockholm Mid Cap. For further information, see www.staging-wwwklovernse.wp4.triggerfish.cloud.

Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Phone: +46 155-44 33 00, fax: +46 155-44 33 22,
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 24 January 2014.