Corem divests a property in Copenhagen for SEK 890 million
Corem has signed an agreement for the sale of a property in Copenhagen at an underlying property value of approximately SEK 890 million, which is in line with book value.
The property, which is located in Frederiksberg and has a lettable area of approximately 19,300 square meters, is fully leased to Copenhagen Business School.
Transfer of possession is planned for 6 March 2024.
Corem's advisors have been CBRE, Kromann Reumert and Breinholt Consulting.
Corem Property Group AB (publ)
FOR FURTHER INFORMATION, PLEASE CONTACT
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@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.