Corem divests three properties in Sigtuna for SEK 115 million

Corem has signed an agreement for the sale of three properties in Sigtuna at an underlying property value of SEK 115 million, which is in line with book value.

The properties, Märsta 11:11, Märsta 11:14 and Märsta 21:46, have a total lettable area of approximately 8,900 sq.m. and a total rental value of approximately SEK 9 million. The economic occupancy rate amounts to 95 percent and consists mainly of office and warehouse space.

Transfer of possession is planned for 1 December 2023.

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.