Balder acquires and sells
Balder has acquired a property in Ørestad Syd Copenhagen for approximately SEK 50 million. The property is located within existing zoning plan and permits construction of residential of 16,500 sqm. The property is located next to Balder's existing properties in Ørestad Syd.
Balder has agreed to sell approximately 11,000 sqm of residential and commercial premises in Skövde and Tidaholm. The selling price amounts to approximately SEK 80 million and corresponds to the carrying value.
For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848
Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 27 March 2015 at 14.00 CET.
Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 37,4 billion as of 31 December 2014. The Balder share is listed on Nasdaq OMX Stockholm, Large Cap.