Corem divests a site leasehold in Stockholm for SEK 127 million

Corem has signed an agreement to divest the site leasehold to the property Stockholm Induktorn 37 at an underlying property value of SEK 127 million, which is in line with book value.

The property, which is located in Ulvsunda industrial estate, has a lettable area of 6,685 sq.m. and consists mainly of premises for industry/warehouse. The rental value amounts to SEK 8 million and the economic occupancy rate amounts to 100 per cent.

Transfer of possession is planned for 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.