Corem divests a site leasehold in Stockholm for SEK 125 million

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Corem has signed a contract to divest the site leasehold to the property Stockholm Konsumenten 3 for an underlying property value of SEK 125 million.

The site leasehold, which is located in the city district Älvsjö, has a lettable area of 10,158 sq.m. and primarily consists of industry/warehouse and office premises. The rental value amounts to SEK 12 million and the economic occupancy rate amounts to 90 per cent.

Transfer of possession is planned to be on 30 November 2022.

Corem Property Group AB (publ)

Eva Landén, CEO, +46 10 482 76 50,
Peeter Kinnunen, Head of Transactions, +46 76 855 67 03,
Lars Norrby, IR, +46 76 777 38 00,

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C 556463-9440

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 one of the Nordic countries┬┤ leading real estate companies 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.