Corem divests portfolio of 24 properties
Corem Property Group AB (publ) has today signed an agreement to divest a portfolio of 24 properties. The buyer is an entity owned by Blackstone-managed funds. The property portfolio consists of properties located in Stockholm, Jönköping, Malmö and Norrköping. The total lettable area amounts to approximately 85 tsq.m. and consists of premises for warehouse and logistics. The economic occupancy rate amounts to 94 percent. The underlying property value in the transaction amounts to approximately SEK 1,160 million. Estimated effect on profit from the transaction amounts to