Corem divests 17 properties in Stockholm for SEK 949 millio

Corem has signed an agreement to divest 17 properties in the Stockholm area at a total underlying property value of SEK 949 million. Most of the properties are located in Täby and Upplands-Väsby just north of Stockholm and four properties are located south of Stockholm in Huddinge, Botkyrka and Älvsjö. 

The properties have a lettable area of approximately 65,000 sq.m. and consist mainly of premises for offices and warehouses. The rental value amounts to approximately SEK 79 million and the economic occupancy rate amounts to approximately 95 per cent.

Transfer of possession is planned to take place on 24 March 2023.

Corem Property Group AB (publ)


FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 10 482 76 50, eva.landen@corem.se
Peeter Kinnunen, Head of Transactions, +46 76 855 67 03, peeter.kinnunen@corem.se

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.

Corem Property Group is a real estate company that in a sustainable way owns, manages and develops commercial properties in urban and growth areas. Corem Property Group is listed on Nasdaq Stockholm, Large Cap.