Corem divests two properties in Stockholm for SEK 467 million

In two separate transactions, Corem has signed agreements for the sale of two properties at a total underlying property value of SEK 467 million.

The property Järfälla Veddesta 2:43 has a lettable area of 19,270 square meters and consists mainly of premises for production, offices and warehouses. The rental value amounts to approximately SEK 90 million and the economic occupancy rate amounts to 99 percent.

The property Sigtuna Rosersberg 11:151 consists of an undeveloped plot.

The deals are done as company sales and are deemed, after reversal of deferred tax, to have no impact on Corem's earnings.

Transfer of possession of the property Järfälla Veddesta 2:43 was today, 16 March 2023. Transfer of possession for the property in Sigtuna Rosersberg 11:151 was on 15 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.