Klövern acquires properties for SEK 230 million in Västerås

In two separate transactions Klövern has acquired three properties in Västerås for a total purchase price of SEK 230 million.

In central Västerås the property Livia 16 has been purchased, consisting of modern office facilities with a lettable area of around 5,900 sq.m. Transfer of possession will be on 3 March 2015. In the Erikslund part of Västerås the properties Traversföraren 1 and Kranlinan 1 have been acquired, consisting of some 7,500 sq.m. of retail/warehouse space. Transfer of possession will be on 30 January 2015. In addition, during the month of December the site leasehold Skonerten 2 in Västerås has been divested. Transfer of possession will be on 2 March 2015.

On 8 December 2014 transfer of possession took place of the property Köpmannen 5 in Västerås, a SEK 175 million acquisition previously communicated by Klövern. The tenants Systembolaget, Willys and Rusta have moved in and Klövern is working on letting the remaining area of the property. "It is gratifying that we have good growth, with modern office and retail facilities, in one of our prioritized cities", says Klövern's CEO Rutger Arnhult.

Klövern AB (publ)

For additional information:
Rutger Arnhult, CEO, +46 (0)70-458 24 70, rutger.arnhult@klovern.se
Lars Norrby, IR, +46 (0)76-777 38 00, lars.norrby@klovern.se

Klövern is a real estate company committed to working closely with customers to offer them efficient premises in Swedish growth regions. As of September 30, 2014, the value of the properties totaled SEK 29 billion and the rental value on an annual basis was SEK 2.9 billion. Klövern is listed on Nasdaq Stockholm. For further information, see www.klovern.se.

Klövern AB (publ), Box 1024, 611 29 Nyköping. Phone: +46 155-44 33 00. E-mail: info@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 22 December 2014.