Klövern divests properties and concentrates its portfolio

Klövern divests properties and concentrates its portfolio

ID: 273299

(Thomson Reuters ONE) -


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(at)klovern.se
Britt-Marie Nyman, Finance and IR Manager, Deputy CEO,
+46 155-44 33 12/+46 70-224 29 35,
britt-marie.nyman(at)klovern.se

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, info(at)klovern.se

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.

Klövern divests properties and concentrates its portfolio:
http://hugin.info/134084/R/1712039/568089.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Klövern AB (publ) via Thomson Reuters ONE
[HUG#1712039]




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Bereitgestellt von Benutzer: hugin
Datum: 26.06.2013 - 09:01 Uhr
Sprache: Deutsch
News-ID 273299
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"Klövern divests properties and concentrates its portfolio"
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