Corem divests in Borås for SEK 320 million
Corem has signed an agreement for the sale of part of the property Skruven 3 in Borås at an underlying property value of SEK 320 million.
The part of the property that is being sold consists mainly of retail space with a rentable area of approximately 19,000 square meters and a rental value of approximately SEK 23.5 million.
The property, located in Ramnaslätt's industrial area next to national highway 40, was developed by Corem in 2018 and offers a trading place for craftsmen and professionals. The largest tenants are Hornbach, Bevego and Snabbgross.
Planned transfer of possession is on 27 November 2024 and the sale is conditional on subdivision of land.
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.