Corem divests in Sigtuna and Stockholm for SEK 100 million

In two separate deals, Corem has signed an agreement for the sale of three properties in Sigtuna and a site leasehold in Stockholm for a total underlying property value of SEK 100 million, which is in line with book value.

In Sigtuna, the properties Broby 11:6, Broby 12:6 and Broby 12:9 are divested, and in Stockholm the site leasehold to Domnarvet 11, located in the Lunda industrial area, is divested. The properties mainly consist of areas for warehouses and offices with a total lettable area of ​​approximately 7,160 square meters and a total rental value of SEK 9.4 million.

Planned transfer of possession for the properties in Sigtuna are 15 December 2024 and for the site leasehold in Stockholm, 20 December 2024.

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.