Corem divests a property in Borås for SEK 167 million

Corem has signed a contract to divest the property Borås Termiten 1 for an underlying property value of SEK 167 million.

The property, which is situated in the retail area Knalleland, has a total lettable area of approximately 14,600 sq.m. and primarily consists of retail premises.

”This divestment is a step in the streamlining of Corem, at the same time as we free up capital for other investments in our more prioritized segments”, says Peeter Kinnunen, Head of Transactions at Corem.

Transfer of possession is planned to be on 31 January 2022.

Corem Property Group AB (publ)

FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 8 503 853 33, eva.landen@corem.se
Peeter Kinnunen, Head of Transactions, +46 76 855 67 03, peeter.kinnunen@corem.se
Lars Norrby, IR, +46 76 777 38 00, lars.norrby@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.