Corem divests three properties in Norrköping and Partille for SEK 116 million

Corem has in two separate transactions signed contracts to sell three properties in Norrköping and Partille at a total underlying property value of SEK 116 million, which is in line with book value.

In Norrköping, the property Kabeln 1 is divested. The property has a lettable area of 4,887 sq.m., primarily office and warehouse premises. The rental value amounts to SEK 4.9 million and the economic occupancy rate amounts to approximately 90 per cent. Transfer of possession is planned to be on 31 March 2023.

The properties Partille 4:2 and Partille 4:25 consist of land and a fully let retail building with a lettable area of 2,843 sq.m. and a rental value of SEK 5.1 million. Transfer of possession is planned to be today on 22 December 2022.

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 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.