Klövern acquires a logistics unit in Haninge

Klövern has acquired a logistics unit in Haninge for approximately SEK 215 million. The acquisition has a high occupancy rate and long lease terms. The acquisition, which consists of three properties located in Jordbro Business Park in the municipality of Haninge, is wholly let to Systembolaget and Lagena distribution. The occupancy rate is 99 per cent and the average lease term amounts to approximately nine years. The total area amounts to around 28,000 sq.m...

Klövern has acquired a logistics unit in Haninge for approximately SEK 215 million. The acquisition has a high occupancy rate and long lease terms.

The acquisition, which consists of three properties located in Jordbro Business Park in the municipality of Haninge, is wholly let to Systembolaget and Lagena distribution. The occupancy rate is 99 per cent and the average lease term amounts to approximately nine years. The total area amounts to around 28,000 sq.m., of which approximately 25,000 sq.m. is warehouse space. The properties will be taken possession of on 1 July.

"This acquisition complements our property portfolio in Stockholm well and is a good addition to Klövern's cash flow", says Klövern's CEO Rutger Arnhult.

Nyköping, 28 June 2013

 

Klövern AB (publ)

 

For further information, please contact:

Rutger Arnhult, CEO, +46 70-458 24 70, [email protected]

Britt-Marie Nyman, Finance and IR Manager, Deputy CEO, +46 155-44 33 12/+46 70-224 29 35,

[email protected]

 

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.klovern.se, [email protected].

 

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 28 June 2013.

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